BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP) : Final result of conversion
14 December 2017 - 3:45AM
Boussard &
Gavaudan Holding Limited
a closed-ended investment company incorporated
with limited liability under the laws of Guernsey with registration
number 45582
Result of conversions
Boussard & Gavaudan Holding Limited ("B&G Holding" or the
"Company") today announces the result of the facility to convert
existing holdings of:
- Euro Shares in the Company ("Euro
Shares") into Sterling Shares in the Company ("Sterling Shares");
and
- Sterling Shares into Euro
Shares,
(together the "Conversions") for
the 30 November 2017 conversion calculation date (the "November
Conversion Calculation Date").
Conversion
requests
The aggregate number of shares for
which conversion request forms were received for the November
Conversion Calculation Date was:
120,306 Euro
shares
16,376 Sterling shares
Conversion
ratios
The net asset
values per share as at the November Conversion Calculation Date
were: |
The spot currency conversion rates as at the November
Conversion Calculation Date were: |
On the basis of the above, the conversion ratios are as
follows: |
Euro
Shares: € 23.3931
|
Euro GBP:
0.880780
|
0.9979060 Sterling Shares for every one Euro Share |
Sterling
Shares: £ 20.6474
|
Euro GBP:
0.880780
|
1.0020980 Euro Shares for every one Sterling Share |
As a result of the Conversions,
the number of Euro Shares will be reduced by 103,896 shares.
As a result of the Conversions, the number of Sterling Shares will
be increased by 103,678 shares.
Results of
conversion
As a result of the Conversions,
the issued share capital of B&G Holding was on 30 November 2017:
28,758,219
Euro Shares
632,590 Sterling Shares
Next
conversion
The next conversion calculation
date will be 30 November 2018. Shareholders wishing to
convert between share classes should complete the appropriate
conversion request form, which is available from the Company's
website www.bgholdingltd.com.
13 December 2017
Boussard & Gavaudan
Investment Management LLP
Emmanuel Gavaudan (London) +44 203 751 5389
Francois Xavier Baud (London) +44 203 751 5395
The Company is
established as a closed-ended investment company domiciled in
Guernsey. The Company has received the necessary approval of the
Guernsey Financial Services Commission and the States of Guernsey
Policy Council. The Company is registered with the Dutch Authority
for the Financial Markets as a collective investment scheme
pursuant to article 2:73 in conjunction with 2:66 of the Dutch
Financial Supervision Act (Wet op het financieel toezicht).
The shares of the Company (the "Shares") are listed on
Euronext Amsterdam. The Shares are also listed on the
Official List of the UK Listing Authority and admitted to trading
on the London Stock Exchange plc's main market for listed
securities.
This is not an
offer to sell or a solicitation of any offer to buy any securities
in the United States or in any other jurisdiction. This
announcement is not intended to and does not constitute, or form
part of, any offer or invitation to purchase any securities or the
solicitation of any vote or approval in any jurisdiction, nor shall
there be any sale, issuance or transfer of the securities referred
to in this announcement in any jurisdiction in contravention of
applicable law.
Neither the
Company nor BG Fund Plc has been, and neither will be, registered
under the US Investment Company Act of 1940, as amended (the
"Investment Company Act"). In addition the securities referenced in
this announcement have not been and will not be registered under
the US Securities Act of 1933, as amended (the "Securities Act").
Consequently any such securities may not be offered, sold or
otherwise transferred within the United States or to, or for the
account or benefit of, US persons except in accordance with the
Securities Act or an exemption therefrom and under circumstances
which will not require the issuer of such securities to register
under the Investment Company Act. No public offering of any
securities will be made in the United States.
You should always
bear in mind that:
all investment is subject to
risk;
results in the past are no
guarantee of future results;
the investment performance of
BGHL may go down as well as up. You may not get back all of your
original investment; and
if you are in any doubt about the
contents of this communication or if you consider making an
investment decision, you are advised to seek expert financial
advice.
This
communication is for information purposes only and the information
contained in this communication should not be relied upon as a
substitute for financial or other professional advice.
Final result of
conversion
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP) via
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