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
Completion of 30 November
2023 Share Conversion
3 January
2024
Classified Regulated Information, under DTR 6
Annex 1 section 2.5
Following the publication on 27 December 2023 of the final month-end net asset values for 30
November 2023, the following share conversion ratios have
been determined in accordance with the articles of incorporation of
the Company for the purposes of the 30
November 2023 share conversion
date:
0.823807 |
Sterling shares for each US Dollar
share |
1.213876 |
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:
-
1,481 Sterling Shares of no par
value
and the following shares will be
cancelled:
-
1,800 US Dollar
Shares of no par value
all with effect from 3
January 2024.
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 11 January 2024.
Shareholder CREST accounts for converting shareholders are expected
to be updated by 5.00pm on or about
11 January
2024.
Following issue and cancellation of the relevant
shares, the total number of shares in issue in each class will be
as follows:
-
29,854,672
US Dollar Shares
-
0
US Dollar Treasury Shares
-
371,771,829
Sterling Shares
-
1,758,078
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 3 January 2024,
the total number of voting rights in the Company (rounded up to the
whole number) is 569,583,824.
Website: www.bhmacro.com
Enquiries:
Northern Trust International Fund Administration
Services (Guernsey) Limited
Tel: +44 (0)1481
745001