Third Point Offshore Investors
Limited (the “Company”)
(A closed-ended investment company incorporated in Guernsey with
registration number 47161)
24th May
2017
Completion of 30th April
2017 Share Conversion
Following the publication on 23rd May 2017 of final month-end net asset values for
30th April 2017 the
following share conversion ratios have been determined in
accordance with the Articles of Incorporation of the Company for
the purposes of the 30th April share conversion
date:
1.235428 |
US Dollar shares for
each Sterling share |
0.809435 |
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 44,118 shares of no par value
into 35,710 GBP shares
GBP 60 shares of no par value into
74 USD 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 29,412 shares of no par value
into 23,807 GBP shares
GBP 40 shares of no par value into
49 USD shares
Following conversion of the relevant shares, the total number of
shares in issue in each class will be as follows:
- 47,462,941 US
Dollar shares; and
- 2,045,060 Sterling shares
- 31,641,982 US
Dollar B shares; and
- 1,363,388 Sterling B shares
Application has been made to the Financial Conduct Authority
(“FCA”) for the 74 new US Dollar 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 on
or around 30 May 2017.
The Share conversion took place on 24th
May 2017
Enquiries:
Company Secretary
Northern Trust International Fund Administration Services
(Guernsey) Limited
Franczeska
Hanford
+44 148-174-5918
Email: FK26@ntrs.com