BH MACRO LIMITED (the “Company”)
(a closed-ended investment company
incorporated in Guernsey with registration number 46235)
LEI: 549300ZOFF0Z2CM87C29
Announcement of
Potential Share Issuance
15 December 2021
Further to publication on 14 December
2021 of the estimated net asset value per share of each
class of the Company's shares as at 10
December 2021 and the publication on 29 November 2021 of the monthly final net asset
value per share of each class of the Company's shares as at
31 October 2021, the Company confirms
that it may sell Sterling shares at a price of 3,720 pence per share, reflecting a 9.1% premium
to the estimated net asset value per share as at 10 December 2021 and a 9.0% premium to the
monthly final net asset value per share as at 31 October 2021.
The Company intends to issue new Sterling shares on this basis
until midday on 17 December 2021.
Investors wishing to participate in this issuance should reflect
their interest to J.P. Morgan Securities PLC.
This announcement is made to highlight to the market that the
Company has authority to issue shares at a premium to net asset
value as announced and up to the amount specified in the authority
announced on 9 September 2021. There
can however be no certainty that the company will issue shares
pursuant to this authority.
This announcement is only intended for investment professionals,
high net worth companies, partnerships, associations or trusts and
investment personnel of any of the foregoing (each as defined
within the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005) and any other persons to whom it may be
communicated lawfully. No other person should act or rely on
it.
Company website: www.bhmacro.com
Enquiries:
J.P. Morgan Cazenove
Tel: +44 (0)207 742 8805
Email: charlotte.twigden@jpmorgan.com &
carrie.fox@jpmorgan.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Tel: +44 (0) 1481 745001