BH Macro Limited (the "Company")
(a closed-ended collective investment scheme established as a company with
limited liability
under the laws of Guernsey with registered number 46235)
LEI: 549300ZOFF0Z2CM87C29
Completion of 30 November 2017 Share Conversion
22 December 2017
Classified Regulated Information, under DTR 6 Annex 1 section 2.5
Following the publication on 19 December 2017 of the final month-end net asset
values for 30 November 2017, the following share conversion ratios have been
determined in accordance with the articles of incorporation of the Company for
the purposes of the 30 November share conversion date:
0.744131 Sterling shares for each US Dollar share
1.343849 US Dollar shares for each Sterling share
On the basis of aggregate applications received and using the conversion
ratios listed above, the following shares will be issued:
- 38,012 GBP Shares of no par value
and the following shares will be cancelled:
- 51,083 US Dollar Shares of no par value
all with effect from 22 December 2017
Application has been made to the Financial Conduct Authority (“FCA”) for
the new shares to be admitted to the Official List of the UK Listing Authority
and admitted to trading on the London Stock Exchange’s main market for
listed securities.
Admission is expected to occur on or about 29 December 2017 Shareholder CREST
accounts for converting shareholders are expected to be updated by 5.00pm on
or about 2 January 2018.
Following issue and cancellation of the relevant shares, the total number of
shares in issue in each class will be as follows:
- 2,782,034 US
Dollar Shares
- 331,228 US
Dollar Treasury Shares
- 14,046,048 Sterling
Shares
- 1,450,652 Sterling
Treasury Shares
The number of votes each share in the Company is entitled to on a poll at any
general meeting of the Company was published by the Company on 9 March 2007
and will not change as a result of the conversions. These are:
US Dollar Share 0.7606
Sterling Share 1.4710
From 22 December 2017, the total number of voting rights in the Company
(rounded down to the whole number) is 22,777,752
Enquiries:
Website: www.bhmacro.com
Northern Trust International Fund Administration Services (Guernsey) Limited
Sharon A Williams
Tel: +44 (0)1481 745436
Copyright (c) 2017 PR Newswire Association,LLC. All Rights Reserved