Boussard & Gavaudan Boussard And Gavaudan Holding Limited (GBP) : Final Result Of Conversion

 
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) [phone] 
 
   Francois Xavier Baud (London) [phone] 
 
   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)

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