THIS
ANNOUNCEMENT IS NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR TO ANY US PERSON,
AUSTRALIA, CANADA, JAPAN, NEW
ZEALAND, THE REPUBLIC OF SOUTH
AFRICA, ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA OR
ANY OTHER JURISDICTION IN WHICH ITS DISTRIBUTION MAY BE
UNLAWFUL
4 October 2023
BH
MACRO LIMITED (the “Company”)
Publication
of Supplementary Prospectus
(an
authorised closed-ended collective investment scheme established as
a non-cellular company limited by shares under the laws of Guernsey
with registration number 46235)
LEI:
549300ZOFF0Z2CM87C29
The
Company’s board of directors (the “Board”) announces that it has
today published a supplementary prospectus (the “Supplementary
Prospectus”) supplementing the prospectus published by the Company
on 23 January 2023 in relation to the
Initial Issue and Issuance Programme of, in aggregate, up to 220
million new ordinary shares of no par value each in the capital of
the Company (“Shares”) to be denominated as either Sterling shares
(the “Sterling Shares”) or US dollar shares (the “US Dollar
Shares”) (the “Prospectus”).
The
Supplementary Prospectus has been issued following the publication
of the Company’s interim report and unaudited financial statements
of the Company as at and for the six month period to 30 June 2023 (the “2023 Interim Report”) and the
publication of the unaudited consolidated financial statements of
the Master Fund as at and for the period ending 30 June 2023 of Brevan Howard Master Fund Limited
(the “2023 Master Fund Interim Financial Statements”).
The
Prospectus (comprising a summary, a registration document and a
securities note) published by the Company on 23 January 2023, together with the Supplementary
Prospectus and the supplementary prospectus published by the
Company on 18 April 2023, comprise
the Prospectus in relation to the Issuance Programme for up to 220
million new Shares, of which 146,875,600 Shares (to be denominated
either as Sterling Shares or US Dollar Shares) remain available for
issue.
Copies
of the Supplementary Prospectus and the 2023 Interim Report will be
submitted to the National Storage Mechanism and will be available
for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
Copies of the Supplementary Prospectus, the 2023 Interim Report and
the 2023 Master Fund Interim Financial Statements are available on
the Company's website at
www.bhmacro.com
Enquiries
BH
Macro
Richard Horlick
Chairman
J.P.
Morgan Cazenove
William Simmonds
/ Rupert Budge
Tel:
+44 (0) 20 7742 4000
Important
Notice
The
information contained in this announcement is for background
purposes only and does not purport to be full or complete. No
reliance may be placed by any person for any purpose on the
information contained in this announcement or its accuracy,
fairness or completeness.
Nothing
contained herein constitutes or should be construed as (i)
investment, tax, financial, accounting or legal advice (ii) a
representation that any investment or strategy is suitable or
appropriate to individual circumstances or (iii) a personal
recommendation.
J.P.
Morgan Securities plc, which conducts its UK investment banking
activities as J.P. Morgan Cazenove ("JPMC"), which is authorised by
the Prudential Regulation Authority and regulated by the Prudential
Regulation Authority and the FCA in the United Kingdom, is acting exclusively for the
Company and no-one else in connection with the Initial Issue and
will not be responsible to anyone other than the Company for
providing the protections afforded to customers of JPMC or for
providing advice in relation to the Initial Issue, or any other
matter referred to herein.