REG-BH Macro Limited: Conversion of Securities

BH MacroAnnouncement

03/04/2024 11:00

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 29 February 2024 Share Conversion
3 April 2024
Classified Regulated Information, under DTR 6 Annex 1 section 2.5 Following
the publication on 25 March 2024 of the final month-end net asset values for
29 February  2024, the following share conversion ratios have been determined
in accordance with the articles of incorporation of the Company for the
purposes of the 29 February 2024 share conversion date:
 0.822224  Sterling shares for each US Dollar share  
 1.216213  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:
* 241,897 Sterling Shares of no par value
and the following shares will be cancelled:
* 294,204 US Dollar Shares of no par value
all with effect from 3 April 2024.

Application will be 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 11 April 2024. Shareholder CREST
accounts for converting shareholders are expected to be updated by 5.00pm on
or about 11 April 2024.

Following issue and cancellation of the relevant shares, the total number of
shares in issue in each class will be as follows:

-              29,465,434           US Dollar Ordinary
Shares (Excluding Treasury Shares)
-              0            
               US Dollar Treasury Shares
-              361,542,830         Sterling Ordinary
Shares (Excluding Treasury Shares)
-              12,306,606           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 3 April 2024, the total number of voting rights in the Company (rounded
up to the whole number) is 554,240,912.

Website:    www.bhmacro.com

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited
Tel:  +44 (0)1481 745001



Copyright (c) 2024 PR Newswire Association,LLC. All Rights Reserved