Third Point Offshore Investors
Limited (the “Company”)
(A closed-ended investment company incorporated in Guernsey with
registration number 47161)
26 January
2017
Completion of 31 December 2016 Share
Conversion
Following the publication on 23rd January 2017 of final month-end net asset values
for 31 December 2016 the following
share conversion ratios have been determined in accordance with the
Articles of Incorporation of the Company for the purposes of the
31 December 2016 share conversion
date:
| 1.179302 |
US Dollar shares for
each Sterling share |
| 0.847958 |
Sterling shares for
each US Dollar share |
On the basis of aggregate applications received and using the
conversion ratios listed above, the following shares will be
converted:
GBP 40 shares of no par value into
47 USD shares
USD 1,246 shares of no par value into
1,056 GBP shares
The Company’s Articles of Incorporation provide that
whenever a number of shares is converted from one currency class to
another, a corresponding number of unlisted B shares shall be
converted so as to maintain the set ratio of B shares to ordinary
shares. On this basis, the following B shares will be
converted:
GBP 27 shares of no par value into
31 USD shares
USD 831 shares of no par value into
704 GBP shares
Application has been made to the Financial Conduct Authority
(“FCA”) for the 47 new US Dollar 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 on
or around 31 January 2017.
Following conversion of the relevant shares, the total number of
shares in issue in each class will be as follows:
- 47,499,648 US Dollar shares;
and
- 2,015,858 Sterling shares
- 31,666,454 US Dollar B shares;
and
- 1,343,919 Sterling B shares
The Share conversion took place on 26
January 2017
Enquiries:
Company Secretary
Northern Trust International Fund Administration Services
(Guernsey) Limited
Franczeska Hanford +44 148-174-5918
Email: FK26@ntrs.com