REG - Highbridge Tactical - Revision to previously announced NAVs

Highbridge Tactical Credit FundAnnouncement

16/09/2020 17:45

RNS Number : 2282Z
  
Highbridge Tactical Credit Fund Ltd
  
16 September 2020
  
 

 
16 September 2020
 
 
HIGHBRIDGE TACTICAL CREDIT FUND LIMITED
(the "Company")
 
Revision to previously published Net Asset Values (NAVs)
Further to the announcements made on 28 August 2020 (RNS: 5171X) and 4 September 2020 (RNS: 0104Y) the independent review of the final NAV published for 30 June 2020 and subsequent NAV estimates has now been completed. During the review, administrative errors in the calculation in the below stated NAVs were identified. The costs of the independent review exercise will be borne by the Company's Administrator, not by the Company. 
 
The revised NAVs are confirmed in accordance with the table below:
 
 



NAV Date


Type


Originally published NAV per share


Original publication date


Independently confirmed NAV per share


Variance to original NAV




30/06/2020


Final Price


£2.2561


29/7/20
RNS 5104U


£2.2587


+0.12%




10/07/2020


Estimated Price


£2.2751


16/7/20
RNS 2612T


£2.2777


+0.11%




17/07/2020


Estimated Price


£2.2887


21/7/20
RNS 6694T


£2.2913


+0.11%




24/07/2020


Estimated Price


£2.3032


29/7/20
RNS 5213U


£2.3057


+0.11%




31/07/2020


Estimated Price


£2.3103


7/8/20
RNS 5539V


£2.3116


+0.06%




07/08/2020


Estimated Price


£2.3287


13/8/20
RNS 0868W


£2.3300


+0.06%




14/8/2020


Estimated Price


£2.3496


20/8/20
RNS 7517W


£2.3509


+0.06%




21/08/2020


Estimated Price


£2.4188


28/8/20
RNS 5178X


£2.3534


-2.70%




31/7/2020


Final Price


£2.3783


28/8/20
RNS 5188X


£2.3130


-2.75%



 
 
Now that the independent NAV review has been completed, the normal cycle of publishing weekly estimates and a monthly final will recommence, with the publication of the delayed 28 August, 4 September and 11 September weekly estimates being published as soon as practically possible.
 
 
Enquiries: 
 
Praxis Fund Services Limited 
Company Secretary 
 
Tel: +44 (0) 1481 737 600 
Katie Standley, J.P. Morgan Asset Management (UK)
Tel: 0207 134 6220
 
LEI: 213800397SYHLYFH5961
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