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
31 October 2016 Share Conversion
21 November
2016
Following the publication on 17 November
2016 of the final month-end net asset values for
31 October 2016, the following share
conversion ratios have been determined in accordance with the
articles of incorporation of the Company for the purposes of the
31 October 2016 share conversion
date:
0.808606 |
Sterling shares for
each US Dollar share |
1.236697 |
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:
- 12,366 US Dollar shares of no par
value
and the following shares will be cancelled:
- 10,000 Sterling shares of no par value;
all with effect from 21 November 2016
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
24 November 2016. Shareholder
CREST accounts for converting shareholders are expected to be
updated by 5.00pm on 25 November 2016.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
4,224
723
US Dollar Shares
-
456,452
US Dollar Treasury Shares
-
22,440,445
Sterling Shares
-
2,024,737
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 21 November 2016, the total
number of voting rights in the Company (rounded down to the whole
number) is 48,645,583.
Enquiries:
Website:
www.bhglobal.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Sharon A Williams
Tel: +44 (0) 1481 745436