BH MACRO LIMITED (the “Company”)
(a closed-ended investment company incorporated in Guernsey with
registration number 46235)
LEI: 549300ZOFF0Z2CM87C29
Announcement of
Potential Share Issuance
12 January 2022
Further to publication on 11 January
2022 of the estimated net asset value per share of each
class of the Company's shares as at 7
January 2022 and the publication on 31 December 2021 of the monthly final net asset
value per share of each class of the Company's shares as at
30 November 2021, the Company
confirms that it may sell Sterling shares at a price of
3,670 pence per share, reflecting a
5.9% premium to the estimated net asset value per share as at
7 January 2022 and a 7.5% premium to
the monthly final net asset value per share as at 30 November 2021.
The Company intends to issue new Sterling shares on this basis
until midday on 14 January 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