TIDMHMSF

RNS Number : 7152D

Highbridge Multi-Strategy Fd Ltd £

28 April 2017

HIGHBRIDGE MULTI-STRATEGY FUND LIMITED (the "Company")

At the request of shareholders and the Board, the Administrator has prepared the below table as at 31 March 2017, providing further information about the approximate asset exposure of those former shareholders who participated in the cash exit opportunity in February 2016 ("Cash Exit Creditors") and those former shareholders who participated in the tender offer in October 2016 ("Tender Creditors"), all of whom remain creditors of the Company.

 
                                          Cash Exit 
                                           Creditors 
---------------------------------------  ----------------- 
 Cash                                     2% 
---------------------------------------  ----------------- 
 AllBlue Limited and AllBlue Leveraged 
  Feeder Limited                          2% 
---------------------------------------  ----------------- 
 Distributed                              96% 
---------------------------------------  ----------------- 
 
                                          Tender Creditors 
---------------------------------------  ----------------- 
 Cash                                     1% 
---------------------------------------  ----------------- 
 AllBlue Limited and AllBlue Leveraged 
  Feeder Limited                          2% 
---------------------------------------  ----------------- 
 Highbridge Capital Corporation           0% 
---------------------------------------  ----------------- 
 Distributed                              97% 
---------------------------------------  -----------------

Including information received by the Company from AllBlue Limited and AllBlue Leveraged Feeder Limited as to the residual value of their own creditor interests, the Company's Administrator has calculated the unaudited estimated residual payment due to the Cash Exit Creditors and Tender Creditors to be as follows:

 
                          Sterling     US$ Class 
                           Class 
 Cash Exit Creditors -    GBP 0.0715   USD 0.0689 
  per Share 
 Tender Creditors - per   GBP 0.0584 
  Share

The above values have been calculated using information which, whilst being received from a reliable source, is itself estimated, and are included purely to provide an indication of the potential redemption and / or tender proceeds, as applicable, yet to be paid to each of the Cash Exit Creditors and Tender Creditors. The actual proceeds that will be paid to creditors may differ materially from the amounts indicated above.

For further information about this announcement contact:

JTC Fund Solutions (Guernsey) Limited, Secretary

Tel: 01481 702 400

Tim Mitchell, J.P. Morgan Asset Management (UK), Investor Relations

Tel: 0207 742 8879

This announcement contains inside information.

E&OE - in transmission

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

April 28, 2017 07:34 ET (11:34 GMT)

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