Amendment: Share Conversion, Share Buybacks &...
BH Macro Limited
(the "Company")
(a closed-ended collective investment scheme established as a company with limited liability
under the laws of Guernsey with registered number 46235)
LEI: 549300ZOFF0Z2CM87C29
Amendment: Share Conversion, Share Buybacks & TVR
9 October 2026
Amendment to Conversion of Securities Figures
Classified Regulated Information, under DTR 6.1.12
Further to the Conversion of Securities announcement released on 2 October 2026, an administrative error was identified in the aggregate application received. The conversion rates remain unchanged and are captured below for reference:
|
0.756176 |
Sterling shares for each US Dollar share |
|
1.322443 |
US Dollar shares for each Sterling share |
On the basis of aggregate applications received and using the conversion ratios listed above, the following shares should have been issued:
-370,007 US Dollar Shares of no par value
and the following shares should have been cancelled:
-279,793 Sterling Shares of no par value
all with effect from 9 October 2026.
Application will be made for the new shares to be admitted to trading on the London Stock Exchange’s main market for listed securities.
Admission is now expected to occur on or about 12 October 2026. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on or about 12 October 2026.
Transactions in Own Shares
The Company announces it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:
|
Ordinary Shares: - Share Class |
Sterling |
|
Date of purchase: |
5 October 2026 |
|
Number of ordinary shares purchased: |
45,853 |
|
Weighted average price (Sterling/US Dollars as applicable): |
4.1157 |
|
Ordinary Shares: - Share Class |
Sterling |
|
Date of purchase: |
6 October 2026 |
|
Number of ordinary shares purchased: |
12,034 |
|
Weighted average price (Sterling/US Dollars as applicable): |
4.1250 |
|
Ordinary Shares: - Share Class |
US Dollar |
|
Date of purchase: |
7 October 2026 |
|
Number of ordinary shares purchased: |
290 |
|
Weighted average price (Sterling/US Dollars as applicable): |
4.2800 |
|
Ordinary Shares: - Share Class |
Sterling |
|
Date of purchase: |
8 October 2026 |
|
Number of ordinary shares purchased: |
5,995 |
|
Weighted average price (Sterling/US Dollars as applicable): |
4.1900 |
The Company intends to hold the purchased shares in treasury.
Total Number of Shares in Issue
Following issue and cancellation of the relevant shares and the above share transactions of the relevant US Dollar and/or Sterling Shares, the total number of shares in issue in each class will be as follows:
-23,690,060US Dollar Ordinary Shares (Excluding Treasury Shares)
-1,233,677US Dollar Treasury Shares
-299,139,069Sterling Ordinary Shares (Excluding Treasury Shares)
-78,301,676Sterling 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 9 March 2007 and will not change as a result of the conversions. These are:
US Dollar Share0.7606
Sterling Share1.4710
From 9 October 2026, the total number of voting rights in the Company (rounded up to the whole number) is 458,052,230.
Enquiries: Northern Trust International Fund Administration Services (Guernsey) Limited
Tel:+44 (0)1481 745001