Pershing Square Hldg Pershing Square Holdings, Ltd. Announces Transactions in Own Shares

 
TIDMPSH 
 
 

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) ("PSH") today announced that it has purchased, through PSH's agent, Jefferies International Limited ("Jefferies"), the following number of PSH's Public Shares of no par value (ISIN Code: GG00BPFJTF46) (the "Shares"):

 
Trading Venue:                      London Stock Exchange 
Ticker:                             PSH 
Date of Purchase:                   18 October 2019 
Number of Public Shares purchased:  21,230 Shares 
Highest Price Paid Per Share:       1,500 pence / 19.33 USD 
Lowest Price Paid Per Share:        1,486 pence / 19.15 USD 
Average Price Paid Per Share:       1,494 pence / 19.25 USD 
Ticker:                             PSHD 
Date of Purchase:                   18 October 2019 
Number of Public Shares purchased:  26,405 Shares 
Highest Price Paid Per Share:       19.20 USD 
Lowest Price Paid Per Share:        19.20 USD 
Average Price Paid Per Share:       19.20 USD 
Trading Venue:                      Euronext Amsterdam 
Ticker:                             PSH 
Date of Purchase:                   18 October 2019 
Number of Public Shares purchased:  28,954 Shares 
Highest Price Paid Per Share:       19.28 USD 
Lowest Price Paid Per Share:        19.16 USD 
Average Price Paid Per Share:       19.22 USD 
 
 

PSH intends to cancel these Public Shares. The net asset value per Public Share related to this buyback is 25.99 USD / 20.34 GBP which was calculated as of 15 October 2019 (the "Relevant NAV"). After giving effect to the above buyback, PSH has 211,640,955 Public Shares outstanding, or 216,800,448 Public Shares calculated on a fully diluted basis (assuming that all Management Shares had been converted into Public Shares at the Relevant NAV). The prices per Public Share were calculated by Jefferies.

The number of PSH Management Shares and the one special voting share (held by PS Holdings Independent Voting Company Limited) have not been affected.

About Pershing Square Holdings, Ltd.

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments principally in North American companies.

Media Contact Camarco Ed Gascoigne-Pees / Hazel Stevenson [phone], [e-mail]

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(END) Dow Jones Newswires

October 21, 2019 02:00 ET (06:00 GMT)