BH MACRO LIMITED (the “Company”)
(a closed-ended investment company incorporated in Guernsey with
registration number 46235)
LEI: 549300ZOFF0Z2CM87C29
Announcement of
Potential Share Issuance
Further to publication on 6 July
2022 of the estimated net asset value per share of each
class of the Company's shares as at 30 June
2022 and the publication on 30 June
2022 of the monthly final net asset value per share of each
class of the Company's shares as at 31 May
2022, the Company confirms that it may sell Sterling shares
at a price of 43,00 pence per share,
reflecting a 8.5% premium to the estimated net asset value per
share as at 30 June 2022 and a 9.7%
premium to the monthly final net asset value per share as at
31 May 2022.
The Company intends to issue new Sterling shares on this basis
until 4:00 p.m. on 7 July 2022. 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 5 May 2022. 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