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 31 May
2024 Share Conversion
2 July
2024Classified Regulated Information, under DTR 6
Annex 1 section 2.5
Following the publication on 25 June 2024 of the final month-end net asset values for
31 May 2024, the following share
conversion ratios have been determined in accordance with the
articles of incorporation of the Company for the purposes of the
31 May 2024 share conversion
date:
0.812873 |
Sterling shares for each US Dollar
share |
1.230205 |
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:
-
216,228 Sterling Shares of no par
value
and the following shares will be
cancelled:
-
266,010 US Dollar
Shares of no par value
all with effect from 2 July
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 10 July 2024.
Shareholder CREST accounts for converting shareholders are expected
to be updated by 5.00pm on or about
10 July
2024.
Following issue and cancellation of the relevant
shares, the total number of shares in issue in each class will be
as follows:
-
28,240,699
US Dollar Ordinary Shares (Excluding Treasury Shares)
-
0
US Dollar Treasury Shares
-
356,545,721
Sterling Ordinary Shares (Excluding Treasury Shares)
-
18,313,257
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 2 July 2024,
the total number of voting rights in the Company (rounded up to the
whole number) is 545,958,632.
Website: www.bhmacro.com
Enquiries:
Northern Trust International Fund Administration
Services (Guernsey) Limited
Tel: +44 (0)1481
745001