Net Asset Value(s)Source: RNS
FOR IMMEDIATE RELEASE
15 October 2021
CATCo Reinsurance Opportunities Fund Ltd. (the "Company")
Net Asset Value
To: SFS, London Stock Exchange and Bermuda Stock Exchange
September 2021 Net Asset Values
Markel CATCo Investment Management Ltd., the Company's Investment Manager, announces the unaudited Net Asset Value ("NAV") of the Company's Ordinary Shares and C Shares of $0.3225 and $0.6164 respectively, as at the close of business on 30 September 2021.
The 2.4 percent monthly increase in the Ordinary Share NAV and the 13.8 percent increase in the C Share NAV predominantly reflect a reduction in claims associated with the 2018 California wildfires.
Further to the announcement on 27 September 2021, Shareholders are reminded that in order to agree to the support undertaking and be eligible to receive the Early Consent Fee, Public Fund Investors who hold depository interests must submit a transfer to escrow instruction (TTE Instruction) through CREST no later than 11.59 p.m. ADT on October 22, 2021. Public Fund Investors who hold certificated shares must submit a PDF of a signed copy of the undertaking by no later than 11.59 p.m. ADT on October 22, 2021.
For further information:
Markel CATCo Investment Management Ltd.
Telephone: +1 441 493 9005
Chief of Investor Marketing
Telephone: +1 441 493 9001
Numis Securities Limited
David Benda / Hugh Jonathan
Telephone: +44 (0) 20 7260 1000