BH Global Limited
(the "Company")
(a closed-ended investment scheme
established as a company with limited liability under the laws of
Guernsey with registered number 48555)
Completion of
31 August 2015 Share Conversion
25 September 2015
Following the publication on 23 September
2015 of the final month-end net asset values for 31 August
2015, the following share conversion ratios have been
determined in accordance with the articles of incorporation of the
Company for the purposes of the 31 August
2015 share conversion date:
| 0.638370 |
Sterling shares for
each US Dollar share |
| 1.566489 |
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:
- 31,280 GBP Sterling shares of no
par value;
and the following shares will be cancelled:
- 49,000 US Dollar shares of no par
value
all with effect from 25 September
2015
Application has been 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
30 September 2015. Shareholder CREST
accounts for converting shareholders are expected to be updated by
5.00pm on 30
September 2015.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
4,805,000
US Dollar Shares
-
446,590
US Dollar Treasury Shares
-
26,483,344
Sterling Shares
-
2,698,261
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 23 May 2008 and will not
change as a result of the conversions. These are:
US Dollar
Share
1
Sterling
Share
1.97950
From 25 September 2015, the total
number of voting rights in the Company (rounded down to the whole
number) is 57,228,779
Enquiries:
Website:
www.bhglobal.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Sharon Williams
Tel: +44 (0) 1481 745436