REG-Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. Announces Amended Terms of Share Buyback Program <Origin Href="QuoteRef">PSH.AS</Origin>

Pershing Square HoldingsAnnouncement

08/11/2017 07:00

      Pershing Square Holdings, Ltd. Announces Amended Terms of Share       Buyback Program    
    
      Pershing Square Holdings, Ltd. (LN:PSH) (NA:PSH) today announced that       PSH has amended the terms of its share buyback program (Program) to       permit share purchases on Euronext Amsterdam, alongside the London Stock       Exchange (LSE). This is intended to increase the pace at which the       Program can be executed.    
      Pursuant to and during the term of the Program (as amended), Jefferies       International Limited, PSHs agent, may, independently of, and without       influence by, PSH, effect on-market purchases of shares from time to       time at its absolute discretion on the LSE and Euronext Amsterdam       provided that the maximum price payable for a share may not exceed the       higher of the price of the last independent trade and the highest       current bid stipulated by Article 3(2) of the Commission Delegated       Regulation (EU/2016/1052).    
      The aggregate volume of shares purchased under the Program on each       trading day shall not exceed 25% of the average daily volume traded on       the trading venue on which the share purchase is carried out in the 20       trading days preceding each day on which share purchases are made.    
      Pursuant to the Program, which was announced on 19 April 2017 and       commenced on 2 May 2017, PSH has, to date, purchased an aggregate of       2,993,097 shares for a total consideration of approximately USD 43.09       million at a weighted average discount of 18.9%.    
      About Pershing Square Holdings, Ltd.:    
      Pershing Square Holdings, Ltd. (LN:PSH) (NA:PSH) is an investment       holding company structured as a closed ended fund that makes       concentrated investments principally in North American companies.    
      Media:
Maitland
James Devas, +44 20 7379 5151
Media-pershingsquareholdings@maitland.co.uk    
      LEI : U7LC4KOKCTZ0YWGI2G56
Classification: 2.2 - Inside information    
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