FOR IMMEDIATE RELEASE
11 August 2022
CATCo Reinsurance Opportunities Fund Ltd. (the "Company")
Net Asset Value
To: SFS, London Stock Exchange and Bermuda Stock Exchange
May 2022 Net Asset Values
Markel CATCo Investment Management Ltd., the Company's Investment Manager, announces the unaudited Net Asset Value ("NAV") of the Company's Ordinary Shares and C Shares of $2.6738 and $10.3610 respectively, as at the close of business on 31 May 2022.
Portfolio Update
The Investment Manager advises of a further release of Side Pocket Investment ("SPI") capital which is expected to be paid to the Company towards the end of Q4 2022, and which the Company intends to use to carry out an eighth compulsory partial redemption of its issued share capital. The Company will issue further details of the expected timetable for this eighth compulsory redemption in due course.
| For further information: |
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| Markel CATCo Investment Management Ltd.
Judith Wynne General Counsel Telephone: +1 441 493 9005 Email: judith.wynne@markelcatco.com
Mark Way Chief of Investor Marketing Telephone: +1 441 493 9001 Email: mark.way@markelcatco.com | Numis Securities Limited
David Benda / Hugh Jonathan Telephone: +44 (0) 20 7260 1000 |
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