Net Asset Value(s)

RNS Number : 0690L

BlueCrest AllBlue Fund Ltd

06 January 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 Thursday 31 December 2015 the "VP", being the valuation point:   

Ordinary Shares	NAV
Sterling Shares                     ISIN: GB00B13YVW48	GBP 2.0069
US Dollar Shares                  ISIN: GB00B13YXH37	USD 1.9104

These estimated NAVs have been calculated using the estimated net asset value of the respective currency classes of Shares in AllBlue Limited and AllBlue Leveraged Feeder Limited held by the Company as at the VP based on information supplied to the Company on behalf of BlueCrest Capital Management Limited, the investment manager of AllBlue Limited and AllBlue Leveraged Feeder Limited. 

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 is a fund of hedge funds exempted company incorporated with limited liability in the Cayman Islands as an open-ended investment company. AllBlue Leveraged Feeder Limited is an exempted company incorporated with limited liability in the Cayman Islands as an open-ended investment company and invests solely in AllBlue Limited. 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 1 December informing shareholders that the Company has been advised by AllBlue Limited of its intention to return all capital to its own shareholders with almost immediate effect.  Accordingly, the net asset valuation methodology has now been amended such that the expected cash flows have been modified using a discounted cashflow methodology.  This methodology uses the 12 month interbank swap rate for the relevant currency on a daycount basis.  Nonetheless, the exact timings and amounts of the cashflows is not known with certainty. 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.

6 January 2016

For further information about this announcement contact:

JTC (Guernsey) Limited

Secretary

Tel:  [phone]

E&OE - in transmission

 

END

 

 

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