Holding(s) in Company (2892H)

TIDMCAT TIDMPRU
RNS Number : 2892H
CATCo Reinsurance Opps Fund Ltd
25 May 2011
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or the 
 underlying issuer of existing shares to      Catco Reinsurance Opportunities 
 which voting rights are attached: (ii)                 Fund Limited 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 An acquisition or disposal of voting rights                              X 
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 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
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 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
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 An event changing the breakdown of voting rights 
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 Other (please 
  specify): 
---------------  ----------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation: (iii)          Prudential plc group of companies 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                   See attached schedule 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                       20 May 2011 
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 6. Date on which issuer notified:                   24 May 2011 
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 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                     11% 
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 8. Notified details: 
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 A: Voting rights attached to shares (viii, ix) 
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 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                Resulting situation after the triggering 
 ISIN CODE       transaction                       transaction 
-------------  --------------------------------  ------------------------------------------------------------------------- 
                               Number 
                Number          of 
                 of             Voting            Number         Number of voting            % of voting rights 
                 Shares         Rights             of shares      rights                      (x) 
-------------  -------------  -----------------  -------------  --------------------------  ------------------------------ 
                                                                 Direct           Indirect 
                                                  Direct          (xi)             (xii)     Direct           Indirect 
-------------    ---  ------  ------  -----      -------------  ---------------  ---------  ---------------  ------------- 
 BMG1961Q1006     Below 5%         Below 5%        25,000,000      25,000,000        0           11.74%            0% 
-------------  -------------  -----------------  -------------  ---------------  ---------  ---------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
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 Resulting situation after the triggering transaction 
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                                                                         Number of voting 
                                                                          rights that may 
                                                                          be 
                                       Exercise/                          acquired if the 
 Type of financial     Expiration       Conversion Period                 instrument is                 % of voting 
  instrument            date (xiii)     (xiv)                             exercised/ converted.          rights 
--------------------  --------------  --------------------------------  -----------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
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 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
                                              Exercise/ 
 Type of                                       Conversion        Number of voting 
 financial        Exercise     Expiration      period             rights instrument               % of voting rights 
 instrument        price        date (xvii)    (xviii)            refers to                        (xix, xx) 
---------------  -----------  -------------  -----------------  -------------------------------  ------------------------- 
                                                                                                  Nominal        Delta 
---------------  -----------  -------------  -----------------  -------------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
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 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ------------------------------------------------------------ 
 25,000,000                                                    11.74% 
------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
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 Prudential plc (parent Company) 
  M&G Group Limited (wholly owned subsidiary of Prudential plc) 
  M&G Limited (wholly owned subsidiary of M&G Group Limited) 
  M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
  The Prudential Assurance Company Limited (wholly owned subsidiary of 
  Prudential plc) 
 
 Proxy Voting: 
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 10. Name of the proxy holder:                                 N/A 
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 11. Number of voting rights proxy holder will 
  cease 
  to hold:                                                     N/A 
-------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights:                                               N/A 
-------------------------------------------------  --------------------------- 
 
 13. Additional information:             Notification due to Placing issue. 
--------------------------------------  -------------------------------------- 
                                         Ryan Dowling / Mark Thomas 
 14. Contact name:                        M&G Investment Management Limited 
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 15. Contact telephone number:           020 7548 2979 / 020 7548 3266 
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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