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BH Global Limited - Conversion of Securities (April 2021)

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This is an immediate re-issue of the announcement published at 18:06hrs. The previous announcement displayed an onscreen name of Not Available. This announcement corrects this. All content below remains unchanged.

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 30 April 2021 Share Conversion

08 June 2021

(Classified Regulated Information, under DTR 6 Annex 1 Section 2.5)

Following the publication on 27 May 2021 of the final month-end net asset values for 30 April 2021, the following share conversion ratios have been determined in accordance with the Articles of Incorporation of the Company for the purposes of the 30 April 2021 share conversion date:

0.745116

Sterling shares for each US Dollar share

1.342073

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:

  • 547 Sterling Class Shares of no par value;

and the following shares will be cancelled:

  • 735 US Dollar Class Shares of no par value;

all with effect from 08 June 2021.

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 14 June 2021. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on or about 14 June 2021.

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

- 2,649,683 US Dollar Shares

- 232,443 US Dollar Treasury Shares

- 20,450,672 Sterling Shares

- 1,126,110 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 08 June 2021, the total number of voting rights in the Company (rounded down to the whole number) is 43,131,788.

Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Company Secretary
Tel: +44 (0) 1481 745736

Website: www.bhglobal.com