Watford Announces Listing of Existing Preference Shares on Nasdaq Under Ticker Symbol “WTREP”
Watford anticipates that the listing of its Preference Shares will commence on or about
Pursuant to their terms, Watford will pay a quarterly dividend on the Preference Shares of
As previously announced, the Company intends to redeem a portion of the Preference Shares pursuant to the Company's call option related to the Preference Shares.
PROSPECTIVE INVESTORS ARE URGED TO CONSULT THEIR OWN TAX ADVISORS CONCERNING THE U.S. FEDERAL, STATE, LOCAL AND NON-U.S. TAX CONSEQUENCES TO THEM OF ACQUIRING, HOLDING AND DISPOSING OF THE PREFERENCE SHARES BASED ON THEIR PARTICULAR CIRCUMSTANCES PRIOR TO MAKING AN INVESTMENT.
Cautionary Note Regarding Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 (the “PSLRA”) provides a “safe harbor” for forward-looking statements. This news release contains forward-looking statements. Forward-looking statements, for purposes of the PSLRA or otherwise, generally can be identified by the words “believes,” “expects,” “intends,” “plans,” “estimates” or similar expressions that indicate future events. These forward-looking statements include statements regarding the Preference Share Listing, including the expected timing of the Preference Share Listing, the expected timing of the Q2 2019 Dividend, and the redemption of the Preference Shares. Such statements are based on current assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including: uncertainties as to the timing of the Preference Share Listing and whether the Preference Share Listing will be completed; uncertainties with respect to the timing of the Q2 2019 Dividend; uncertainties as to the redemption of the Preference Shares; market conditions; and other risks set forth in the Company’s Registration Statement on Form S-1 (File No. 333-230080), as amended, filed with the
Source: Watford Holdings Ltd.