BH GLOBAL LIMITED - Conversion of Securities – March 2016

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)

Completion of 31 March 2016 Share Conversion
 26 April 2016

Following the publication on 22 April 2016 of the final month-end net asset values for 31 March 2016, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 31 March 2016 share conversion date:

0.683367	Sterling shares for each US Dollar share
1.463343	US Dollar shares for each Sterling share

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

• 3,043 US Dollar shares of no par value

and the following shares will be cancelled:

• 2,080 GBP Sterling shares of no par value;

all with effect from  26 April 2016

Application has been 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 3 May 2016.  Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on 3 May 2016.

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

-               4,467,344                US Dollar Shares
-               421,479                   US Dollar Treasury Shares
-               23,487,395              Sterling Shares
-               2,171,458                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 26 April 2016, the total number of voting rights in the Company (rounded down to the whole number) is 50,960,642

Enquiries:

Website:    www.bhglobal.com

Northern Trust International Fund Administration Services (Guernsey) Limited
Paul Le Ray
Tel:  [phone]
 

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