BH Global Limited
(the "Company")
(a closed-ended investment scheme
established as a company with limited liability under the laws of
Guernsey with registered number 48555)
LEI 549300BIIO4DTKEMXV14
Completion of
31 October 2020 Share Conversion
4 December 2020
(Classified
Regulated Information, under DTR 6 Annex 1 Section 2.5)
Following the publication on 24 November
2020 of the final month-end net asset values for
31 October 2020, the following share
conversion ratios have been determined in accordance with the
Articles of Incorporation of the Company for the purposes of the
31 October 2020 share conversion
date:
|
0.793902 |
Sterling shares for
each US Dollar share |
|
1.259602 |
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:
- 3,887 Sterling Class Shares of no par value;
and the following shares will be cancelled:
- 4,897 US Dollar Class Shares of
no par value;
all with effect from 4 December 2020.
Application will be 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 14 December 2020. Shareholder
CREST accounts for converting shareholders are expected to be
updated by 5.00pm on or about
14 December 2020.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
2,624,216 US Dollar
Shares
-
267,443
US Dollar Treasury Shares
-
19,902,421 Sterling
Shares
-
1,667,180
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 23 May 2008 and will not
change as a result of the conversions. These are:
US Dollar
Share
1
Sterling Share
1.97950
From 4 December 2020, the total
number of voting rights in the Company (rounded down to the whole
number) is 42,021,058.
Enquiries:
Northern Trust International Fund Administration Services
(Guernsey) Limited
Company Secretary
Tel: +44 (0) 1481 745736
Website:
www.bhglobal.com