Conversion between Share Classes

RNS Number : 5677N

BlueCrest AllBlue Fund Ltd

02 September 2011

 



BlueCrest ALLBLUE FUND LIMITED (the "Company")

CONVERSION BETWEEN SHARE CLASSES & ADMISSION OF NEW SHARES

Conversion requests

The table below summarises the aggregate number of shares of each class in relation to which the Company has received requests to convert such shares into shares of another class with effect from 1 August 2011 (the "Conversion Day").

From Euro Shares to Sterling Shares                                                                         223,400

Conversion ratios

The net asset value per share of each class as at the Conversion Day was as follows:

£1.6875 in the case of Sterling Shares

€1.6329 in the case of Euro Shares

$1.6258 in the case of US Dollar Shares

The spot conversion rate used for this conversion was:

EURO/GBP:      0.8742

On the basis of the above, the conversion ratio was as follows:

0.845873 Sterling Shares for every one Euro Share

Admission of new shares

Application has been made for 188,968 Sterling Shares to be admitted to the Official List of the UK Listing Authority and to trading on the London Stock Exchange.  It is expected that such listing will become effective and that dealings in such shares will commence on 8 September 2011.

Results of conversion

With effect from 8 September 2011, the issued share capital of the Company will be as follows:

Sterling Shares:            496,997,009

Euro Shares:                 9,335,583

US Dollar Shares:         82,722,375

All shareholders have equal voting rights based on the number of shares held. Accordingly, the total number of voting rights in the Company is 589,054,967 (excluding 450,000 Sterling Shares held in treasury) and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FSA's Disclosure and Transparency Rules.

2 September 2011

For further information about this announcement contact:

Anson Fund Managers Limited

Secretary

Tel:  [phone]

END OF ANNOUNCEMENT

E&OE - in transmission.

 

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STRUUAVRARAKRAR