BH Macro Limited
(the "Company")
(a closed-ended collective investment
scheme established as a company with limited liability
under the laws of Guernsey with registered number 46235)
LEI: 549300ZOFF0Z2CM87C29
Completion of
31 August 2019 Share Conversion
27 September 2019
Classified
Regulated Information, under DTR 6 Annex 1 section 2.5
Following the publication on 18 September
2019 of the final month-end net asset values for
31 August 2019 the following share
conversion ratios have been determined in accordance with the
articles of incorporation of the Company for the purposes of the
31 August 2019 share conversion
date:
|
0.848397 |
Sterling shares for
each US Dollar share |
|
1.178694 |
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:
- 83,292 US Dollar Shares of no par
value
and the following shares will be cancelled:
- 70,665 GBP Shares of no par
value
all with effect from 27 September
2019
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 4 October 2019 Shareholder
CREST accounts for converting shareholders are expected to be
updated by 5.00pm on or about
4 October 2019.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
2,493,757
US Dollar Shares
-
331,228
US Dollar Treasury Shares
-
14,268,272
Sterling Shares
-
1,450,652
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 9 March 2007 and will not
change as a result of the conversions. These are:
US Dollar Share
0.7606
Sterling Share 1.4710
From 27 September 2019, the total
number of voting rights in the Company (rounded down to the whole
number) is 22,885,380
Website: www.bhmacro.com
Enquiries:
Northern Trust International Fund Administration Services
(Guernsey) Limited
Tel: +44 (0)1481 745001