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BH Global Plans Capital Return To Shareholders

Thu, 16th Apr 2015 11:26

LONDON (Alliance News) - BH Global Ltd Thursday said it will offer to return GBP7.3 million to its sterling shareholders and USD1.8 million to its dollar shareholders.

In each case, according to BH Global, the returns are equivalent to about 2% of the net asset values of the shares classes at the end of 2014.

The price of the share redemption will be based on net asset values at the end of April, taking into account a discount of no more that 1% of NAV due to the costs of making the return.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

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BH Global, BH Macro To Hand Over Management Pact To Brevan Howard

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