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)
Completion of 30
June Share Conversion
28 July 2017
Following the publication on 18 July
2017 of the final month-end net asset values for
30 June 2017, the following share
conversion ratios have been determined in accordance with the
articles of incorporation of the Company for the purposes of the
30 June 2017 share conversion
date:
|
0.770495 |
Sterling shares for
each US Dollar share |
|
1.297867 |
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:
-
385 GBP Shares of no par value
and the following shares will be cancelled:
-
500 US Dollar Shares of no par
value
all with effect from 28 July
2017
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 or
about 1 August 2017 Shareholder CREST
accounts for converting shareholders are expected to be updated by
5.00pm on or about 2 August 2017.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
2,849,163
US Dollar Shares
-
331,228
US Dollar Treasury Shares
-
13,995,841
Sterling Shares
-
1,450,652
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 28 July 2017, the total number
of voting rights in the Company (rounded down to the whole number)
is 22,754,955
Enquiries:
Website: www.bhmacro.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Sharon A Williams
Tel: +44 (0)1481 745436