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)
LEI 549300BIIO4DTKEMXV14
Completion of
31 May 2019 Share Conversion
24 June 2019
(Classified
Regulated Information, under DTR 6 Annex 1 Section 2.5)
Following the publication on 19 June
2019 of the final month-end net asset values for 31 May
2019, 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
2019 share conversion date:
|
0.802940 |
Sterling shares for
each US Dollar share |
|
1.245424 |
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:
- 50,051 Sterling Class Shares of no par value;
and the following shares will be cancelled:
- 62,335 US Dollar Class Shares of
no par value;
all with effect from 24 June 2019.
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 1 July 2019. Shareholder
CREST accounts for converting shareholders are expected to be
updated by 5.00pm on 1 July 2019.
Following issue and cancellation of the relevant shares, the
total number of shares in issue in each class will be as
follows:
-
2,641,472 US Dollar
Shares
-
267,443
US Dollar Treasury Shares
-
19,886,259 Sterling Shares
-
1,667,180 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 24 June 2019, the total
number of voting rights in the Company (rounded down to the whole
number) is 42,006,321.
Enquiries:
Website:
www.bhglobal.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Company Secretary
Tel: +44 (0) 1481 745736