Cash Distribution

RNS Number : 6526U

Highbridge Tactical Credit Fund Ltd

29 March 2023

 

29 March 2023

HIGHBRIDGE TACTICAL CREDIT FUND LIMITED

(the "Company")
Registration No. 44704

Registered Office:
1 ROYAL PLAZA, ROYAL AVENUE, ST PETER PORT,
GUERNSEY GY1 1GR

TELEPHONE: [phone]

Cash Distribution from the residual holding in the Highbridge Multi-Strategy Master Fund

Following the receipt of redemption proceeds from Highbridge in connection with full realisation of 1992 Mult-Strategy Funds Portfolio comprised in the Initial Redemption Portfolio (created following the Initial Cash Exit Offer) and the Redemption Portfolio (created following the Subsequent Cash Exit Offer) the Company has £1,845,029.42 available to distribute.

Accordingly, on or around 25 April 2023, approximately £1,845,029.42 is expected to be paid to Multi-Strategy Creditors, equating to £0.0224 per Share in respect of the 2019 Cash Exit Offers.

As per the announcement made to the exchange on 16 March 2023, all creditors and shareholders are reminded that following this distribution, any future distributions are likely to be subject to the receipt of further payments from the AllBlue liquidator, which may or may not occur.  Any Multi-Strat Creditors whose distribution proceeds fall below £50 will have amounts accrued and paid when proceeds exceed this amount, or, failing to reach this limit, all proceeds will be paid upon the final distribution.

For further information contact:

Sanne Fund Services (Guernsey) Limited

Company Secretary

Tel: [phone]

LEI: 213800397SYHLYFH5961

 

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