Third Point Offshore Conversion of Securities
October 27 2016 - 6:11AM
UK Regulatory
TIDMTPOG TIDMTPOU
Third Point Offshore Investors Limited (the "Company")
(A closed-ended investment company incorporated in Guernsey with registration
number 47161)
25th October 2016
Completion of 30th September 2016 Share Conversion
Following the publication on 25th October 2016 of final month-end net asset
values for 30th September 2016 the following share conversion ratios have been
determined in accordance with the Articles of Incorporation of the Company for
the purposes of the 30th September share conversion date:
1.244594 US Dollar shares for each Sterling share
0.803474 Sterling shares for each US Dollar share
On the basis of aggregate applications received and using the conversion ratios
listed above, the following shares will be converted:
USD 35,828 shares of no par value into 28,785 GBP shares
The Company's Articles of Incorporation provide that whenever a number of
shares is converted from one currency class to another, a corresponding number
of unlisted B shares shall be converted so as to maintain the set ratio of B
shares to ordinary shares. On this basis, the following B shares will be
converted:
USD 23,885 shares of no par value into 19,191 GBP shares
Following conversion of the relevant shares, the total number of shares in
issue in each class will be as follows:
* 47,711,083 US Dollar shares; and
* 1,837,031 Sterling shares
* 31,807,411 US Dollar B shares; and
* 1,224,701 Sterling B shares
The Share conversion took place on 27th October
Enquiries:
Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Franczeska Hanford +44 148-174-5918
Email: FK26@ntrs.com
END
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