REG - Highbridge Tactical - Distribution

Highbridge Tactical Credit FundAnnouncement

02/11/2022 07:00

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RNS Number : 9421E  Highbridge Tactical Credit Fund Ltd  02 November 2022

2 November 2022

HIGHBRIDGE TACTICAL CREDIT FUND LIMITED

(the "Company")

Registration No. 44704

Registered Office:

SARNIA HOUSE, LE TRUCHOT, ST PETER PORT,

GUERNSEY GY1 1GR

TELEPHONE: +44 1481 737600

 

 

 

Cash Distribution from the residual holding in the Highbridge Multi-Strategy
Master Fund

 

Following the receipt of the eighth distribution from Highbridge in connection
with realisation of assets comprised in the Initial Redemption Portfolio
(created following the Initial Cash Exit Offer) and the Redemption Portfolio
(created following the Subsequent Cash Exit Offer) the Company has
£1,253,745.93 available to distribute.

 

Accordingly, on or around 11 November 2022, approximately £1,251,984.25 is
expected to be paid to Multi-Strategy Creditors, equating to £0.0152 per
Share in respect of the 2019 Cash Exit Offers.

 

Multi-Strategy Creditors are reminded that following this distribution they
will receive future redemption proceeds as a number of cash payments following
receipt by the Company of the redemption proceeds from HCC, and further
announcements will be made when any cash payment is to be made following the
realisation of any other assets comprised in the Redemption Portfolio.  Any
Multi-Strat Creditors whose distribution proceeds fall below £50 will have
amounts accrued and paid when proceeds exceed this amount, or, failing to
reach this limit, all proceeds will be paid upon the final distribution.

 

 

For further information contact:

 

Sanne Fund Services (Guernsey) Limited

Company Secretary

 

Tel: +44 (0) 1481 737 600

LEI: 213800397SYHLYFH5961

 

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