CATCo Reinsurance Opps Fund Ltd Dividend Declaration (2203B)

TIDMCAT

RNS Number : 2203B

CATCo Reinsurance Opps Fund Ltd

05 January 2015

CATCo Reinsurance Opportunities Fund Ltd. ("the Company")

Declaration of Annual Dividend

 
 To: SFM, London Stock   Date: 5 January 2015 
  Exchange and Bermuda 
  Stock Exchange

At the launch of the Company, the Board of Directors indicated the intention to pay an annual dividend in respect of any Fiscal Year of an amount equal to LIBOR plus 5 per cent of the Net Asset Value as at the end of the relevant Fiscal Year.

The Board of Directors are declaring an annual dividend of $0.05929 in respect of the Ordinary Shares for the year to 31 December 2014. The record date for this dividend will be 16 January 2015 and therefore the Ordinary Shares will go ex-dividend on 15 January 2015. It is expected that this final dividend will be paid to shareholders on 30 January 2015.

-End-

For further information, please contact:

Judith Wynne

Company Secretary and General Counsel

CATCo Investment Management Ltd

Telephone: +44 7986 205364

Email: judith.wynne@catcoim.com

Mark Way

Corporate Communications Director

CATCo Investment Management Ltd

Telephone: +44 7786 116991

Email: mark.way@catcoim.com