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
30 November 2017 Share Conversion
22 December 2017
Classified
Regulated Information, under DTR 6 Annex 1 section 2.5
Following the publication on 19 December
2017 of the final month-end net asset values for 30 November
2017, the following share conversion ratios have been
determined in accordance with the articles of incorporation of the
Company for the purposes of the 30 November share conversion
date:
0.744131 |
Sterling shares for
each US Dollar share |
1.343849 |
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:
- 38,012
GBP Shares of no par value
and the following shares will be cancelled:
- 51,083 US
Dollar Shares of no par value
all with effect from 22 December 2017
Application has been 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 29 December 2017 Shareholder
CREST accounts for converting shareholders are expected to be
updated by 5.00pm on or about
2 January 2018.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
2,782,034
US Dollar Shares
-
331,228
US Dollar Treasury Shares
-
14,046,048
Sterling Shares
-
1,450,652
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 22 December 2017, the total
number of voting rights in the Company (rounded down to the whole
number) is 22,777,752
Enquiries:
Website: www.bhmacro.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Sharon A Williams
Tel: +44 (0)1481 745436