19 Aug 2011 17:31
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
CatCo Reinsurance Opportunities Fund Ltd |
2 Reason for the notification (please tick the appropriate box or boxes): | ||
An acquisition or disposal of voting rights | Yes | |
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | ||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
| |
An event changing the breakdown of voting rights | ||
Other (please specify): |
| |
3. Full name of person(s) subject to the notification obligation:
| Baillie Gifford & Co |
4. Full name of shareholder(s) (if different from 3.):
| |
5. Date of the transaction and date on which the threshold is crossed or reached:
| 18 Aug 2011 |
6. Date on which issuer notified:
|
19 Aug 2011 |
7. Threshold(s) that is/are crossed or reached:
|
10% |
8. Notified details: | |||||||
A: Voting rights attached to shares
| |||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights | |||
Direct | Direct | Indirect | Direct | Indirect | |||
Ordinary Shares BMG1961Q1006
C Shares BMG1962E1066
|
7789200
- |
7789200
- |
8491654
13388269
|
8491654
13388269
|
3.99
6.29 | ||
B: Qualifying Financial Instruments | ||||
Resulting situation after the triggering transaction
| ||||
Type of financialinstrument | Expirationdate | Exercise/ConversionPeriod | Number of votingrights that may beacquired if theinstrument isexercised/ converted.
| % of votingrights |
N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights
| |
N/A | Nominal | Delta
| ||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
21879923 | 10.28 |
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
In the narrative below, the figures in [ ] indicate the amount of voting rights and the percentage held by each controlled undertaking where relevant. Baillie Gifford & Co, a discretionary investment manager, is the parent undertaking of an investment management group. Its wholly-owned subsidiary undertaking Baillie Gifford Overseas Limited [1,162,011; 0.55%] is also a discretionary investment manager. Its wholly-owned subsidiary undertaking Baillie Gifford & Co Limited [14,156,567; 6.65%] is an OEIC Authorised Corporate Director and Unit Trust Manager which has delegated its discretionary investment management role to Baillie Gifford & Co.
|
Proxy Voting:
| |
10. Name of the proxy holder:
| N/A |
11. Number of voting rights proxy holder will cease to hold:
| |
12. Date on which proxy holder will cease to hold voting rights:
|
13. Additional information:
| |
14. Contact name:
| Gillian Wright |
15. Contact telephone number:
| 0131 247 3041 |
Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in shares |
A: Identity of the persons or legal entity subject to the notification obligation | |
Full name (including legal form of legal entities)
|
Baillie Gifford & Co (Scottish partnership) |
Contact address (registered office for legal entities)
|
Calton Square 1 Greenside Row Edinburgh EH1 3AN |
Phone number & email
|
01310275 3041 |
Other useful information (at least legal representative for legal persons)
|
Contact Name(s): Gillian Wright; |
B: Identity of the notifier, if applicable | |
Full name
| N/A |
Contact address
| |
Phone number & email
| |
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation) |
C: Additional information |