BH Global Limited (the
"Company")
(a closed-ended investment scheme established as a company with
limited liability under the laws of Guernsey with registered number
48555)
Completion of
30 October 2015 Share Conversion
27 November 2015
Following the publication on 24 November
2015 of the final month-end net asset values for
30 October 2015, the following share
conversion ratios have been determined in accordance with the
articles of incorporation of the Company for the purposes of the
30 October 2015 share conversion
date:
| 0.637200 |
Sterling shares for
each US Dollar share |
| 1.569366 |
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:
- 313,873 US Dollar shares of no
par value
and the following shares will be cancelled:
- 200,000 GBP Sterling shares of no
par value;
all with effect from 27 November
2015
Application has been 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
3 December 2015. Shareholder
CREST accounts for converting shareholders are expected to be
updated by 5.00pm on 3 December 2015.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
4,849,375
US Dollar Shares
-
482,724
US Dollar Treasury Shares
-
25,625,229
Sterling Shares
-
2,437,261
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 23 May 2008 and will not
change as a result of the conversions. These are:
US Dollar
Share
1
Sterling
Share
1.97950
From 27 November 2015, the total
number of voting rights in the Company (rounded down to the whole
number) is 55,574,515
Enquiries:
Website:
www.bhglobal.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Sharon A Williams
Tel: +44 (0) 1481 745436