TIDMBCGR

RNS Number : 5726M

Blue Capital Global Reinsurance Fnd

14 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                             Blue Capital Global Reinsurance 
  issuer                                                                                                        Fund Ltd 
  of existing shares to which voting rights 
  are attached: (ii) 
--------------------------------------------------------------------------  -------------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
------------------------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                                        X 
------------------------------------------------------------------------------  ---------------------------------------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
------------------------------------------------------------------------------  ---------------------------------------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
------------------------------------------------------------------------------  ---------------------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------------------  ---------------------------------------- 
 Other (please 
  specify): 
--------------------------------------------------------------------  --------  ---------------------------------------- 
 3. Full name of person(s) subject                                                             Weiss Asset Management LP 
  to the 
  notification obligation: (iii) 
----------------------------------------------------------------------  ------------------------------------------------ 
 4. Full name of shareholder(s)                                                  Brookdale International Partners, L.P., 
  (if different from 3.):(iv)                                                       Brookdale Global Opportunity Fund[1] 
----------------------------------------------------------------------  ------------------------------------------------ 
 5. Date of the transaction and date                                                                         Oct-11-2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------------------------------------  ------------------------------------------------ 
 6. Date on which issuer notified:                                                                           Oct-13-2016 
----------------------------------------------------------------------  ------------------------------------------------ 
 7. Threshold(s) that is/are crossed                                                                                > 5% 
  or 
  reached: (vi, vii) 
----------------------------------------------------------------------  ------------------------------------------------ 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the triggering 
 of              to the triggering                 transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------  ---------------------------------------------------------------------- 
                Number           Number           Number         Number of voting            % of voting rights 
                 of               of               of shares      rights                      (x) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  -------------  --------------------------  --------------------------- 
                                                  Direct         Direct         Indirect     Direct        Indirect 
                                                                  (xi)           (xii) 
-------------      -----------    -----------    -------------  -------------  -----------  ------------  ------------- 
 BMG1189R1043      Below 5%         Below 5%       10,810,453     10,810,453       n/a       5.44 %            n/a 
-------------  ---------------  ---------------  -------------  -------------  -----------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting              % of voting 
 financial           date (xiii)    Conversion Period               rights that may               rights 
 instrument                         (xiv)                           be 
                                                                    acquired if the 
                                                                    instrument is 
                                                                    exercised/ converted. 
-----------------  -------------  ------------------------------  ----------------------------  ----------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise       Expiration     Exercise/        Number of voting              % of voting rights 
 financial         price         date (xvii)    Conversion        rights instrument             (xix, xx) 
 instrument                                     period            refers to 
                                                (xviii) 
---------------  -------------  -------------  ---------------  ----------------------------  ------------------------- 
                                                                                               Nominal       Delta 
---------------  -------------  -------------  ---------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  -------------------------------------------------------------------- 
 10,810,453                                         5.44 % 
-------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------------------------- 
 
   Brookdale International Partners, L.P: 6,781,763 shares (3.42 %) 
   Brookdale Global Opportunity Fund: 4,028,690 shares (2.03 %) 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
----------------------------------------------------------------------------  -------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
----------------------------------------------------------------------------  -------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
----------------------------------------------------------------------------  -------------------- 
 
 
  13. Additional information: 
----------------------------------------------------------------------------  -------------------- 
 14. Contact name:                                                                 Georgiy Nikitin 
----------------------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                                     +1-617-778-7725 
----------------------------------------------------------------------------  --------------------

[1] Weiss Asset Management LP is the Investment Manager to Brookdale Global Opportunity Fund and Brookdale International Partners, L.P.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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