Third Point Offshore Investors
Limited (the “Company”)
(A closed-ended investment company incorporated in Guernsey with
registration number 47161)
28 February
2017
Completion of 31 January 2017 Share
Conversion
Following the publication on 27th February 2017 of final month-end net asset values
for 31st January 2017 the
following share conversion ratios have been determined in
accordance with the Articles of Incorporation of the Company for
the purposes of the 31 January 2017
share conversion date:
| 1.202597 |
US Dollar shares for
each Sterling share |
| 0.831533 |
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 220 shares of no par value
into 264 USD shares
USD 1,519 shares of no par value into
1,261 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 147 shares of no par value
into 176 USD shares
USD 1,013 shares of no par value into
841 GBP shares
Following conversion of the relevant shares, the total number of
shares in issue in each class will be as follows:
- 47,498,393 US Dollar shares;
and
- 2,016,899 Sterling shares
- 31,665,617 US Dollar B shares;
and
- 1,344,613 Sterling B shares
Application has been made to the Financial Conduct Authority
(“FCA”) for the 264 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 1 March 2017.
The Share conversion took place on 27
February 2017
Enquiries:
Company Secretary
Northern Trust International Fund Administration Services
(Guernsey) Limited
Franczeska Hanford +44 148-174-5918
Email: FK26@ntrs.com