Conversion of Securities (April 2021)

Northern Trust IFSA (Guernsey) Ltd - Conversion of Securities (April 2021)

PR Newswire

London, June 8

BH Global Limited (the "Company")

(a closed-ended investment scheme established as a company with limited liability under the laws of Guernsey with registered number 48555)

LEI 549300BIIO4DTKEMXV14

Completion of 30 April 2021 Share Conversion

08 June 2021

(Classified Regulated Information, under DTR 6 Annex 1 Section 2.5)

Following the publication on 27 May 2021 of the final month-end net asset values for 30 April 2021, the following share conversion ratios have been determined in accordance with the Articles of Incorporation of the Company for the purposes of the 30 April 2021 share conversion date:

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:

and the following shares will be cancelled:

all with effect from 08 June 2021. 

Application will be made to the Financial Conduct Authority (“FCA”) for the new shares to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange’s main market for listed securities.

Admission is expected to occur on or about 14 June 2021. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on or about 14 June 2021.

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

- 2,649,683 US Dollar Shares

- 232,443 US Dollar Treasury Shares

- 20,450,672 Sterling Shares

- 1,126,110 Sterling Treasury Shares

The number of votes each share in the Company is entitled to on a poll at any general meeting of the Company was published by the Company on 23 May 2008 and will not change as a result of the conversions. These are:

US Dollar Share 1

Sterling Share 1.97950

From 08 June 2021, the total number of voting rights in the Company (rounded down to the whole number) is 43,131,788.

Enquiries:Northern Trust International Fund Administration Services (Guernsey) LimitedCompany SecretaryTel: +44 (0) 1481 745736

Website: www.bhglobal.com