TIDMCAT

RNS Number : 2087F

CATCo Reinsurance Opps Fund Ltd

16 May 2017

FOR IMMEDIATE RELEASE

16 May 2017

To: SFM, London Stock Exchange and Bermuda Stock Exchange

NET ASSET VALUE

Markel CATCo Investment Management Ltd., as Investment Manager, announces the unaudited net asset value of the Company's Ordinary Shares and C Shares of $1.2636 and $1.0211 respectively, as at the close of business on 30 April 2017.

The NAV is inclusive of an attritional loss reserve of approximately 15bps per month (year-to-date: 60bps).

Further to the announcement on Monday 15th May 2017 detailing the issuance of shares, the issuance price as previously stated will be a 2% premium to the NAV announced today of $1.2636, giving an issuance price of $1.2889.

 
For further information: 
Markel CATCo Investment Management       Numis Securities Limited 
 Ltd.                                     David Benda / Hugh Jonathan 
                                          Telephone: +44 (0) 20 7260 
 Judith Wynne                             1000 
 General Counsel 
 Telephone: +1 441 493 9005 
 Email: judith.wynne@markelcatco.com 
 Mark Way 
 Chief Operating Officer 
 Telephone: +1 441 493 9001 
 Email: http://mark.way@markelcatco.com

Ends

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 16, 2017 02:01 ET (06:01 GMT)

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