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Blue Capital Global Reinsurance Fund Limited - Proposed Tender Offer
Hamilton, Bermuda – September 2, 2016 – In a filing with the Bermuda Stock Exchange (“BSX”), Blue Capital Global Reinsurance Fund Limited (the "Company" or "BCGR"; BSX Ticker: BCGR.BH) today announced a Proposed Tender Offer. The full filing stated:
The Company's shares have traded at an average discount of more than 5 per cent. to the net asset value per Ordinary Share over the three month period ending on 31 August 2016. As a result, the Directors intend to offer shareholders the opportunity to tender Ordinary Shares in issue in accordance with the discount management policy of the Company implemented at launch. Proposals to effect the tender offer will be put to shareholders in due course.
For further information please contact:
Adam Szakmary
CEO & Portfolio Manager, Blue Capital Management Ltd. +1 441-278-0400
Adam.Szakmary@bluecapital.bm
Gary Gould/Alex Collins +44 20 7029 8000
Jefferies International Limited