Boussard & Gavaudan Boussard And Gavaudan Holding Limited (GBP) : Final Result Of Conversion
December 13 2017 - 10:45AM
UK Regulatory
TIDMBGHS
Boussard & Gavaudan Holding Limited
a closed-ended investment company incorporated with limited liability
under the laws of Guernsey with registration number 45582
Result of conversions
Boussard & Gavaudan Holding Limited ("B&G Holding" or the "Company")
today announces the result of the facility to convert existing holdings
of:
-- Euro Shares in the Company ("Euro Shares") into Sterling Shares in the
Company ("Sterling Shares"); and
-- Sterling Shares into Euro Shares,
(together the "Conversions") for the 30 November 2017 conversion
calculation date (the "November Conversion Calculation Date").
Conversion requests
The aggregate number of shares for which conversion request forms were
received for the November Conversion Calculation Date was:
120,306 Euro shares
16,376 Sterling shares
Conversion ratios
The net asset values per share as at the November The spot currency conversion rates as at the November On the basis of the above, the conversion ratios are
Conversion Calculation Date were: Conversion Calculation Date were: as follows:
Euro Shares: EUR 23.3931 Euro GBP: 0.880780 0.9979060 Sterling Shares for every one Euro Share
Sterling Shares: GBP 20.6474 Euro GBP: 0.880780 1.0020980 Euro Shares for every one Sterling Share
As a result of the Conversions, the number of Euro Shares will be
reduced by 103,896 shares.
As a result of the Conversions, the number of Sterling Shares will be
increased by 103,678 shares.
Results of conversion
As a result of the Conversions, the issued share capital of B&G Holding
was on 30 November 2017:
28,758,219 Euro Shares
632,590 Sterling Shares
Next conversion
The next conversion calculation date will be 30 November 2018.
Shareholders wishing to convert between share classes should complete
the appropriate conversion request form, which is available from the
Company's website www.bgholdingltd.com.
13 December 2017
Boussard & Gavaudan Investment Management LLP
Emmanuel Gavaudan (London) +44 203 751 5389
Francois Xavier Baud (London) +44 203 751 5395
The Company is established as a closed-ended investment company
domiciled in Guernsey. The Company has received the necessary approval
of the Guernsey Financial Services Commission and the States of Guernsey
Policy Council. The Company is registered with the Dutch Authority for
the Financial Markets as a collective investment scheme pursuant to
article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision
Act (Wet op het financieel toezicht). The shares of the Company (the
"Shares") are listed on Euronext Amsterdam. The Shares are also listed
on the Official List of the UK Listing Authority and admitted to trading
on the London Stock Exchange plc's main market for listed securities.
This is not an offer to sell or a solicitation of any offer to buy any
securities in the United States or in any other jurisdiction. This
announcement is not intended to and does not constitute, or form part of,
any offer or invitation to purchase any securities or the solicitation
of any vote or approval in any jurisdiction, nor shall there be any sale,
issuance or transfer of the securities referred to in this announcement
in any jurisdiction in contravention of applicable law.
Neither the Company nor BG Fund Plc has been, and neither will be,
registered under the US Investment Company Act of 1940, as amended (the
"Investment Company Act"). In addition the securities referenced in this
announcement have not been and will not be registered under the US
Securities Act of 1933, as amended (the "Securities Act"). Consequently
any such securities may not be offered, sold or otherwise transferred
within the United States or to, or for the account or benefit of, US
persons except in accordance with the Securities Act or an exemption
therefrom and under circumstances which will not require the issuer of
such securities to register under the Investment Company Act. No public
offering of any securities will be made in the United States.
You should always bear in mind that:
all investment is subject to risk;
results in the past are no guarantee of future results;
the investment performance of BGHL may go down as well as up. You may
not get back all of your original investment; and
if you are in any doubt about the contents of this communication or if
you consider making an investment decision, you are advised to seek
expert financial advice.
This communication is for information purposes only and the information
contained in this communication should not be relied upon as a
substitute for financial or other professional advice.
Final result of conversion:
http://hugin.info/139558/R/2155975/828513.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP) via Globenewswire
http://www.bgholdingltd.com
(END) Dow Jones Newswires
December 13, 2017 11:45 ET (16:45 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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