Third Point Offshore Transaction in Own Shares
October 08 2019 - 12:06PM
UK Regulatory
TIDMTPOG TIDMTPOU
Third Point Offshore Investors Limited
(A closed-ended investment company incorporated in Guernsey with registration
number 47161)
LEI Number: 549300WXTCG65AQ7V644 Renewal Date- 03/10/2020
(The "Company")
8 October 2019
TRANSACTION IN OWN SHARES
The Board of Third Point Offshore Investors Limited ("TPOIL" or the "Company")
announces that it has purchased the following number of ordinary shares of
$0.01 each in the capital of the Company (the "Ordinary Shares") in accordance
with the Company's share repurchase programme detailed below.
Date of purchase 8 October 2019
Number of Shares purchased 25,000 shares
Highest price paid per share $16.150
Lowest price paid per share $16.150
Average price paid per share $16.1500
The purchased Ordinary Shares will be cancelled. Following this purchase, the
Company's issued share capital consists of the following:
* 39,958,299 US Dollar Ordinary Shares with one voting right per share.
* 26,638,866 US Dollar B Shares with one voting right per share and no rights
to distribution of profits.
Following the above purchase, the total number of Shares in issue is
66,597,165. This number represents the total voting rights in the Company and
may be used by shareholders as the denominator for the calculations by which
they can determine if they are required to notify their interest in, or a
change to their interest in the Company under the Financial Conduct Authority's
Disclosure Guidance and Transparency Rules.
Any Ordinary Shares traded mid-month will be purchased and held by the Third
Point Offshore Master Fund LP (the "Master Partnership") until the Company is
able to cancel the shares following each month-end. Shares cannot be cancelled
intra-month because of legal and logistical factors. The Company and the
Master Partnership do not intend to hold any shares longer than the minimum
required to comply with these factors, expected to be no more than one month.
Enquiries:
Company Website: www.thirdpointoffshore.com
Northern Trust International Fund Administration Services (Guernsey) Limited
The Company Secretary
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL
Tel: 01481 745001
END
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