BH MACRO LIMITED (the “Company”)
(a closed-ended investment company incorporated in Guernsey with registration number 46235)
Announcement of Potential Share Issuance
21 October 2021
Further to publication on 19 October 2021 of the estimated net asset value per share of each class of the Company's shares as at 15 October 2021 and the publication on 1 October 2021 of the monthly final net asset value per share of each class of the Company's shares as at 31 August 2021, the Company confirms that it may sell Sterling shares at a price of 3550 pence per share, reflecting a 3.95% premium to the estimated net asset value per share as at 15 October 2021 and a 4.69% premium to the monthly final net asset value per share as at 31 August 2021.
The Company intends to issue new Sterling shares on this basis until 22 October 2021. Investors wishing to participate in this issuance should reflect their interest to J.P. Morgan Securities PLC.
This announcement is made to highlight to the market that the Company has authority to issue shares at a premium to net asset value as announced and up to the amount specified in the authority announced on 9 September 2021. There can however be no certainty that the company will issue shares pursuant to this authority.
This announcement is only intended for investment professionals, high net worth companies, partnerships, associations or trusts and investment personnel of any of the foregoing (each as defined within the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005) and any other persons to whom it may be communicated lawfully. No other person should act or rely on it.
Company website: www.bhmacro.com
J.P. Morgan Cazenove
Tel: +44 (0)207 742 8805
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0) 1481 745001