Highbridge Tactical Credit Fund Ltd Cash Distribution (6526U)
March 29 2023 - 9:08AM
UK Regulatory
TIDMHTCF
RNS Number : 6526U
Highbridge Tactical Credit Fund Ltd
29 March 2023
29 March 2023
HIGHBRIDGE TACTICAL CREDIT FUND LIMITED
(the "Company")
Registration No. 44704
Registered Office:
1 ROYAL PLAZA, ROYAL AVENUE, ST PETER PORT,
GUERNSEY GY1 1GR
TELEPHONE: +44 (0) 20 3530 3104
Cash Distribution from the residual holding in the Highbridge
Multi-Strategy Master Fund
Following the receipt of redemption proceeds from Highbridge in
connection with full realisation of 1992 Mult-Strategy Funds
Portfolio comprised in the Initial Redemption Portfolio (created
following the Initial Cash Exit Offer) and the Redemption Portfolio
(created following the Subsequent Cash Exit Offer) the Company has
GBP1,845,029.42 available to distribute.
Accordingly, on or around 25 April 2023, approximately
GBP1,845,029.42 is expected to be paid to Multi-Strategy Creditors,
equating to GBP0.0224 per Share in respect of the 2019 Cash Exit
Offers.
As per the announcement made to the exchange on 16 March 2023,
all creditors and shareholders are reminded that following this
distribution, any future distributions are likely to be subject to
the receipt of further payments from the AllBlue liquidator, which
may or may not occur. Any Multi-Strat Creditors whose distribution
proceeds fall below GBP50 will have amounts accrued and paid when
proceeds exceed this amount, or, failing to reach this limit, all
proceeds will be paid upon the final distribution.
For further information contact:
Sanne Fund Services (Guernsey) Limited
Company Secretary
Tel: +44 (0) 20 3530 3104
LEI: 213800397SYHLYFH5961
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