Third Point
Offshore Investors Limited (the “Company”)
(A closed-ended investment company
incorporated in Guernsey with registration number
47161)
22nd March 2017
Completion of
28th February 2017 Share
Conversion
Following the publication on 21st March 2017 of final month-end net asset values
for 28th February 2017 the
following share conversion ratios have been determined in
accordance with the Articles of Incorporation of the Company for
the purposes of the 28th February share conversion
date:
| 1.185854 |
US Dollar shares for
each Sterling share |
| 0.843273 |
Sterling shares for
each US Dollar share |
On the basis of aggregate applications received and using the
conversion ratios listed above, the following shares will be
converted:
GBP 45,615 shares of no par value
into 54,092 USD shares
USD 15,500 shares of no par value
into 13,070 GBP shares
The Company’s Articles of Incorporation provide that
whenever a number of shares is converted from one currency class to
another, a corresponding number of unlisted B shares shall be
converted so as to maintain the set ratio of B shares to ordinary
shares. On this basis, the following B shares will be
converted:
GBP 30,410 shares of no par value
into 36,061 USD shares
USD 10,333 shares of no par value
into 8,713 GBP shares
Following conversion of the relevant shares, the total number of
shares in issue in each class will be as follows:
- 47,536,985 US Dollar shares;
and
- 1,984,354 Sterling shares
- 31,691,345 US Dollar B shares;
and
- 1,322,916 Sterling B shares
Application has been made to the Financial Conduct Authority
(“FCA”) for the 54,092 new US Dollar 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 on
or around 28 March 2017.
The Share conversion took place on 22nd March 2017
Enquiries:
Company Secretary
Northern Trust International Fund Administration Services
(Guernsey) Limited
Franczeska
Hanford
+44 148-174-5918
Email: FK26@ntrs.com