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
4 March 2024
Classified
Regulated Information, under DTR 6 Annex 1 section 2.5
Following the
publication on 23 February
2024 of the final
month-end net asset values for 31 January 2024,
the following share conversion ratios have been determined in
accordance with the articles of incorporation of the Company for
the purposes of the 31 January 2024
share conversion date:
0.818615
|
Sterling shares
for each US Dollar share
|
1.221576
|
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:
-
2,679 Sterling
Shares of no par value
and
the following shares will be cancelled:
-
3,274 US Dollar Shares of no par value
all
with effect from 4 March
2024.
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 12 March
2024. Shareholder CREST accounts for converting shareholders
are expected to be updated by 5.00pm
on or about 12 March
2024.
Following issue
and cancellation of the relevant shares, the total number of shares
in issue in each class will be as follows:
- 29,759,638 US
Dollar Ordinary Shares (Excluding Treasury Shares)
- 0 US
Dollar Treasury Shares
- 364,330,279 Sterling
Ordinary Shares (Excluding Treasury Shares)
- 9,277,260 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
4 March 2024, the total number of
voting rights in the Company (rounded up to the whole number) is
558,565,021.
Website: www.bhmacro.com
Enquiries:
Northern Trust
International Fund Administration Services (Guernsey)
Limited
Tel:
+44
(0)1481 745001