1 July 2020News

Blue Capital Re to make special distribution to shareholders in July

Blue Capital Reinsurance Holdings will make a special distribution of $0.74 per common share on July 30, 2020, to holders of record as of July 15, 2020.

Future distributions will typically occur on a quarterly basis to the extent sufficient funds are available in a given quarter, Blue Capital Re said. This partial distribution will be reflected as a reduction in the liquidation value to be reported as of June 30, 2020.

Its fully converted book value per common share was $1.45 at March 31, 2020.




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1 June 2020   Blue Capital Reinsurance Holdings has called a special general meeting of shareholders on July 28, 2020, to confirm Mike Morrison and Mark Allitt of KPMG Advisory as joint liquidators.
article
28 July 2020   Blue Capital Reinsurance has seen its net assets in liquidation decline by $6.1 million in the current quarter, largely driven by a special distribution to shareholders of $6.5 million that will be paid on July 30, 2020.

More on this story

News
1 June 2020   Blue Capital Reinsurance Holdings has called a special general meeting of shareholders on July 28, 2020, to confirm Mike Morrison and Mark Allitt of KPMG Advisory as joint liquidators.
article
28 July 2020   Blue Capital Reinsurance has seen its net assets in liquidation decline by $6.1 million in the current quarter, largely driven by a special distribution to shareholders of $6.5 million that will be paid on July 30, 2020.