BH Macro Limited: Conversion of Securities
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 31 May 2026 Share Conversion
2 July 2026
Classified Regulated Information, under DTR 6.1.12
Following the publication on 22 June 2026
of the final month-end net asset values for 31 May 2026, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 31 May 2026 share conversion date:
0.759998
Sterling shares for each US Dollar share
1.315793
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:
-
14,757 US Dollar Shares of no par value
and the following shares will be cancelled:
-
11,217 Sterling Shares of no par value
all with effect from 2 July 2026.
Application will be made for the new shares to be admitted to trading on the London Stock Exchange’s main market for listed securities.
Admission is expected to occur on or about 9 July 2026. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on or about 9 July 2026.
Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:
-
23,600,174
US Dollar Ordinary Shares (Excluding Treasury Shares)
-
907,604
US Dollar Treasury Shares
-
300,253,595
Sterling Ordinary Shares (Excluding Treasury Shares)
-
77,502,117
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 2 July 2026, the total number of voting rights in the Company (rounded up to the whole number) is 459,623,331
Website:
www.bhmacro.com
Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel:
+44 (0)1481 745001