SiriusPoint CVRs qualified to trade – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

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SiriusPoint CVRs qualified to trade

SiriusPoint Ltd has announced that the company’s contingent value rights have qualified to trade on the OTCQX Best Market.

The Bermudian-headquartered global specialty re/insurer said the newly trading CVRs were issued to investors of Sirius International Insurance Group upon the merger of the company with Third Point Reinsurance Ltd, who elected to receive the share and CVR consideration in advance of the merger.

They were also issued to any “non-electing holder”, who did not make a timely election for all of his or her shares, and who was therefore entitled to receive the share and CVR consideration with respect to those shares.

The company said they began trading on June 10, under the symbol SSPCF.

It said US investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

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Published June 16, 2021 at 2:39 pm (Updated June 16, 2021 at 2:39 pm)

SiriusPoint CVRs qualified to trade

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