Transaction in Own Shares

RNS Number : 4475P

BH Macro Limited

18 August 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

18 August 2014

On 18 August 2014 the Company purchased the following amount of shares:

·     100,000 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 19.3900 per Sterling Share.

·     140,000 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 18.7700 per US Dollar Share.

·     18,517 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 18.8800 per Euro Share.

On 18 August 2014, the Company also cancelled 580,000 USD treasury shares.

Following the purchase and cancellation 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
538,600 Euro Shares	5,538,939 Euro Shares
1,761,636 US Dollar Shares	20,039,898 US Dollar Shares
3,951,339 Sterling Shares	40,385,472 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 18 August 2014, the total number of voting rights in the Company (rounded down to the whole number) is 80,188,315.

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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