Confirmation of Cash Exit Payment and Subscription

RNS Number : 6790L

Highbridge Multi-Strategy Fd Ltd £

04 October 2016

 

HIGHBRIDGE MULTI-STRATEGY FUND LIMITED (the "Company")

Confirmation of Cash Exit Payment and Subscription into Highbridge

The Board of the Company is pleased to announce that an amount equal to £0.1111 per redeemed GBP Share participating in the Cash Exit Opportunity and $0.1016 per redeemed US Dollar Share participating in the Cash Exit Opportunity are expected to be paid to former shareholders of the Company who have chosen to take part in the Cash Exit Opportunity on or before Wednesday 12 October 2016.   

The Board is also pleased to announce that in addition to the £2,632,554.66 investment made into the Sterling Class of Highbridge Multi-Strategy Fund ("HCC") at the beginning of September a further investment of £11,069,892.35 has been made at the beginning of October . 

Further payments to Cash Exit shareholders, and subscriptions into HCC, will take place as advised in the Circular once further proceeds are received from the Company's investments in AllBlue and AllBlue Leveraged.  The remaining investments in AllBlue and AllBlue leveraged now only represent approximately 7 per cent. of the sterling net assets of the Company.   

For further information about this announcement please contact:

JTC (Guernsey) Limited

Secretary

Tel: [phone]

END OF ANNOUNCEMENT

E&OE - in transmission

 

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