Transaction in Own Shares

RNS Number : 9083G

BH Macro Limited

12 May 2014

 



BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Transaction in Own Shares

12 May 2014

On 12 May 2014 the Company purchased the following amount of shares:

·     10,000 ordinary shares of no par value in the value in the capital of the Company designated as Sterling shares ("Sterling Shares") at a price of GBP 19.4693 per Sterling Share.

·     25,000 ordinary shares of no par value in the value in the capital of the Company designated as US Dollar shares ("US Dollar Shares") at a price of USD 18.7998 per US Dollar Share.

·     5,000 ordinary shares of no par value in the value in the capital of the Company designated as Euro shares ("Euro Shares") at a price of EUR 18.9299 per Euro Share.

These shares will be held as treasury shares. Following the purchase of the relevant Euro, US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

Total number of treasury shares held  by the Company following the purchase and non-cancellation as described above	Number of shares in issue less shares held in treasury  following the purchase as described above
556,179 Euro Shares	5,968,576 Euro Shares
2,337,069 US Dollar Shares	22,870,928 US Dollar Shares
2,404,318 Sterling Shares	42,835,490 Sterling 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 9 March 2007 and will not change as a result of the conversions. These are:

Euro Share                    1

US Dollar Share            0.7606 

Sterling Share                1.4710

From 12 May 2014, the total number of voting rights in the Company (rounded down to the whole number) is 86,375,210.

The Company also notes that following an administrational error identified during the processing of the share transactions on 9 May 2014, the total number of shares in issue in each share class of the Company as at 9 May 2014 was as follows:

Total number of treasury shares held  by the Company following the purchase and non-cancellation as described above	Number of shares in issue less shares held in treasury  following the purchase as described above
551,179 Euro Shares	5,973,576 Euro Shares
2,312,069 US Dollar Shares	22,895,928 US Dollar Shares
2,394,318 Sterling Shares	42,845,490 Sterling Shares

As at 9 May 2014, the total number of voting rights in the Company (rounded down to the whole number) was 86,413,935.

Enquiries:

Company website:        www.bhmacro.com

William Simmonds

JPMorgan Cazenove

Tel: [phone]

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: [phone]

 

END

 

 

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