Highbridge Multi-Strategy Fd Ltd £ Estimated Creditor Interests (5359W)
10 February 2017 - 2:49AM
UK Regulatory
TIDMHMSF
RNS Number : 5359W
Highbridge Multi-Strategy Fd Ltd £
09 February 2017
HIGHBRIDGE MULTI-STRATEGY FUND LIMITED (the "Company")
At the request of shareholders and the Board, the Administrator
has prepared the below table providing further information about
the approximate asset exposure of those former shareholders who
participated in the cash exit opportunity in February 2016 ("Cash
Exit Creditors") and those former shareholders who participated in
the tender offer in October 2016 ("Tender Creditors"), all of whom
remain creditors of the Company.
Cash Exit
Creditors
--------------------------------------- -----------------
Cash 3%
--------------------------------------- -----------------
AllBlue Limited and AllBlue Leveraged
Feeder Limited 4%
--------------------------------------- -----------------
Distributed 93%
--------------------------------------- -----------------
Tender Creditors
--------------------------------------- -----------------
Cash 4%
--------------------------------------- -----------------
AllBlue Limited and AllBlue Leveraged
Feeder Limited 4%
--------------------------------------- -----------------
Highbridge Capital Corporation 92%
--------------------------------------- -----------------
Distributed 0%
--------------------------------------- -----------------
Including information received by the Company from AllBlue
Limited and AllBlue Leveraged Feeder Limited as to the residual
value of their own creditor interests, the Company's Administrator
has calculated the unaudited estimated residual payment due to the
Cash Exit Creditors and Tender Creditors to be as follows:
Sterling US$ Class
Class
Cash Exit Creditors - GBP 0.1392 USD 0.1317
per Share
Tender Creditors - per GBP 2.1129
Share
The above values have been calculated using information which,
whilst being received from a reliable source, is itself estimated,
and are included purely to provide an indication of the potential
redemption and / or tender proceeds, as applicable, yet to be paid
to each of the Cash Exit Creditors and Tender Creditors. The actual
proceeds that will be paid to creditors may differ materially from
the amounts indicated above.
For further information about this announcement contact:
JTC Fund Solutions (Guernsey) Limited, Secretary
Tel: 01481 702 400
Tim Mitchell, J.P. Morgan Asset Management (UK), Investor
Relations
Tel: 0207 742 8879
This announcement contains inside information.
E&OE - in transmission
This information is provided by RNS
The company news service from the London Stock Exchange
END
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