Net Asset Value(s)

RNS Number : 1792Q

BlueCrest AllBlue Fund Ltd

25 February 2016

 

BLUECREST ALLBLUE FUND LIMITED (the "Company") 

ESTIMATED NET ASSET VALUE ("NAV") OF SHARES 

These estimated NAVs are calculated as at the close of business on Friday 19 February 2016 the "VP", being the valuation point:   

Ordinary Shares	NAV
Sterling Shares                     ISIN: GB00B13YVW48	GBP 1.9940
US Dollar Shares                  ISIN: GB00B13YXH37	USD 1.8977

These estimated NAVs of a Sterling Share and a US Dollar Share have been calculated on the respective assets and liabilities of each currency class within the Company as at the VP having regard to (i) the cash and near cash items held and (ii)  the estimated net asset value of the respective currency classes of Shares in AllBlue Limited (AB) and AllBlue Leveraged Feeder Limited (ABL) (as provided by BlueCrest Capital Management Limited) duly amended using a discounted cashflow methodology based on the 12 month interbank swap rate for the relevant currency on a day count basis so as to reflect the anticipated pay-out of redemption proceeds by both AB and ABL.  However, the exact timings and amounts of these cashflows are not known with certainty.

Please be advised that approximately 73% of the Sterling Class net assets and 75% of the US Dollar Class net assets were held as cash at the Valuation Point.

The above estimated NAVs of the Shares have been calculated using information which, whilst being received from a reliable source, is itself 'estimated' and accordingly the Company accepts no responsibility for the accuracy of the estimated NAV figures given, and neither is any responsibility implied.  These estimated NAVs of the Shares are provided for indication purposes only.

Note: AllBlue Limited and AllBlue Leveraged Feeder Limited are both exempted companies incorporated with limited liability in the Cayman Islands . The Company is a closed-ended investment company registered and incorporated in Guernsey. The Shares of the Company are admitted to the Official List and to trading on the main market of the London Stock Exchange. 

Note:  Your attention is drawn to the Company's announcement of the results of its EGM on 24 February 2016. Investors should be aware that the amount payable on a return of capital, whether on a winding-up of the Company or otherwise, may differ materially from this valuation.

25 February 2016

For further information about this announcement contact:

JTC (Guernsey) Limited

Secretary

Tel:  [phone]

E&OE - in transmission

 

END

 

 

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