TIDMBCGR

RNS Number : 7710C

Blue Capital Global Reinsurance Fnd

19 April 2017

Blue Capital Global Reinsurance Fund Limited (the "Company") (Ticker: "BCGR")

April 19, 2017

Net Asset Value, March 2017

As at the close of business on 31 March 2017, the unaudited net asset value of the Company's Ordinary Shares is as follows:

 
              Unaudited NAV          March   Year-to-Date 
              31 March 2017    Performance    Performance 
 Ordinary 
  Shares            $1.1048          0.05%          0.96%

In accordance with the Circular of the Company dated 4 November 2016, the Company's administrator has calculated the estimated Net Asset Value per Redemption Share as at the close of business on 31 March 2017.

As announced on 21 March 2017, an amount equal to US$13,138,580.00 is expected to be distributed to shareholders of the Company who participated in the Tender Offer in consideration for the first partial redemption of Redemption Shares on or before 30 April 2017. Such amount will be distributed to shareholders pro rata to their holdings of Redemption Shares, and their holdings of Redemption Shares will be reduced accordingly based on the value stated below. In respect of further redemptions, holders of the Redemption Shares should note that the value below is included purely to provide an indication of the potential redemption proceeds yet to be paid for each remaining Redemption Share. The actual proceeds that will be paid may differ from the amount indicated below as a result of, inter alia, the future performance of the portfolio attributable to the Redemption Shares and the deduction of any applicable costs.

 
                Unaudited NAV 
                31 March 2017 
 Redemption 
  Shares              $1.1257

For more information about the Company, including access to the Company's monthly Fact Sheets, please visit our website at www.bcgr.bm.

Enquiries:

Adam Szakmary

Blue Capital Management Ltd.

Ph: +1 441 278 0400

This information is provided by RNS

The company news service from the London Stock Exchange

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April 19, 2017 11:06 ET (15:06 GMT)

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