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)
LEI:
549300ZOFF0Z2CM87C29
4 December 2023
Classified
Regulated Information, under DTR 6 Annex 1 section 2.5
Following the
publication on 24 November
2023 of the final
month-end net asset values for 31 October 2023,
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 2023
share conversion date:
0.855494
|
Sterling shares
for each US Dollar share
|
1.168916
|
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:
-
33,859 Sterling
Shares of no par value
and
the following shares will be cancelled:
-
39,583 US Dollar Shares of no par
value
all
with effect from 4 December
2023.
Application
will be 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 12 December
2023. Shareholder CREST accounts for converting shareholders
are expected to be updated by 5.00pm
on or about 12 December
2023.
Following issue
and cancellation of the relevant shares, the total number of shares
in issue in each class will be as follows:
- 29,856,472 US
Dollar Shares
- 0 US
Dollar Treasury Shares
- 373,528,426 Sterling
Shares
- 0 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
4 December 2023, the total number of
voting rights in the Company (rounded down to the whole number) is
572,169,147.
Website: www.bhmacro.com
Enquiries:
Northern Trust
International Fund Administration Services (Guernsey)
Limited
Tel:
+44
(0)1481 745001