20 March 2020News

Blue Capital Re takes another step towards NYSE delisting

Blue Capital Reinsurance Holdings has filed notification with the Securities and Exchange Commission to be removed from listing on the New York Stock Exchange.

It filed form 25, as required by section 12(b) of the Securities Exchange Act of 1934 (SEA), meaning the last trading day for its common shares on the NYSE is expected to be March 30.

Blue Capital will also withdraw its listing with the Bermuda Stock Exchange prior to July 31, 2020.

Once this action has taken effect it will file a Form 15 with the SEC, requesting the suspension of Blue Capital’s reporting obligations under Sections 13(a) and 15(d) of the SEA.

Blue Capital believes its common shares will continue to be quoted on the OTC Pink Open Market, a centralised electronic quotation service operated by the OTC Markets, although it stressed it was unable to guarantee this will be the case.




More on this story

News
17 August 2020   Blue Capital Reinsurance Holdings has announced the notification of an aggregate catastrophe loss related to Hurricane Irma in 2017.
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.
News
1 July 2020   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.

More on this story

News
17 August 2020   Blue Capital Reinsurance Holdings has announced the notification of an aggregate catastrophe loss related to Hurricane Irma in 2017.
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.
News
1 July 2020   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.