BlueCrest AllBlue Fund Ltd Conversion Between Share Classes (3774V)
07 August 2015 - 2:30AM
UK Regulatory
TIDMBABS TIDMBABU
RNS Number : 3774V
BlueCrest AllBlue Fund Ltd
06 August 2015
BlueCrest ALLBLUE FUND LIMITED (the "Company")
CONVERSION BETWEEN SHARE CLASSES & ADMISSION OF NEW
SHARES
Conversion requests
The table below summarises the aggregate number of shares of
each class in relation to which the Company has received requests
to convert such shares into shares of another class with effect
from 1 July 2015 (the "Conversion Day").
From US Dollar Shares to Sterling Shares 1,000,000
Conversion ratios
The net asset value per share of each class as at the Conversion
Day was as follows:
GBP1.9684 in the case of Sterling Shares
$1.8754 in the case of US Dollar Shares
The spot conversion rate used for this conversion was:
GBP/USD: 1.573100
USD/GBP: 0.635687
On the basis of the above, the conversion ratio was as
follows:
0.605652 US Dollar Shares for every one Sterling Share
Admission of new shares
Application has been made for 605,652 Sterling Shares to be
admitted to the Official List of the Financial Conduct Authority
and to trading on the London Stock Exchange. It is expected that
such listing will become effective and that dealings in such shares
will commence on 11 August 2015.
Results of conversion
With effect from 11 August 2015, the issued share capital of the
Company (excluding 41,772,160 Sterling Shares and 3,173,972 US
Dollar Shares held in treasury and subject to there being no
further transactions in the Company's shares during the intervening
period in accordance with the share buy back programme announced on
28 May 2012) will be as follows:
Sterling Shares: 390,801,631
US Dollar Shares: 28,407,145
All shareholders have equal voting rights based on the number of
shares held. Accordingly, the total number of voting rights in the
Company is 419,208,776 (excluding 41,772,160 Sterling Shares and
3,173,972 US Dollar shares held in treasury and subject to there
being no further transactions in the Company's shares during the
intervening period in accordance with the share buy back programme
announced on 28 May 2012) and this figure may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in the Company under the FCA's
Disclosure and Transparency Rules.
6 August 2015
For further information about this announcement contact:
JTC (Guernsey) Limited
Secretary
Tel: 44 (0) 1481 702 400
END OF ANNOUNCEMENT
E&OE - in transmission.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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