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BGHL Euro NAV & Share buyout of Amsterdam Stock Exchange: BGHL

 


BOUSSARD & GAVAUDAN HOLDING LIMITED

Ordinary actions

The Directors of Boussard & Gavaudan Holding Limited wish to announce the following information for the Company.

Closed on March 05, 2020.

Estimated NAV

Euro shares Sterling stocks
Estimated NAV 23.8792 21.3693
Estimated BAT Return 0.44% 0.48%
Estimated return over a year 4.28% 3.55%
Estimated ITD return 138.79% 113.69%

ANR and returns are calculated net of management and performance fees

Market information

Euro shares Amsterdam (AEX) London (LSE)
Market closure 18.00 N / A
Premium / discount over estimated net asset value -24.62% N / A
Sterling stocks Amsterdam (AEX) London (LSE)
Market closure N / A GBX 1,600.00
Premium / discount over estimated net asset value N / A -25.13%

Transactions in own securities purchased in cash

Common shares at 3rd March 20th Euro shares Sterling stocks
Number of shares 2,150 N / A
Average price 17.76 N / A
Price range N / A N / A
Liquidity improvement agreement Euro shares Sterling stocks
Number of shares N / A N / A
Average price N / A N / A

BGHL Capital

BGHL Ordinary Shares Euro shares Sterling stocks
Outstanding shares 14,403,325 398,542
Held in cash 4.430 N / A
Shares issued 14,407,755 398,542

Estimating the net asset value of the BG fund

Class B shares in euros (estimated) 196.7768

Class B Euro Shares of the BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees due to his role as Manager of BGHL investment.

For further information, please contact:

Boussard & Gavaudan Investment Management, LLP.
Emmanuel Gavaudan +44 (0) 20 3751 5389 Email: [email protected]

The Company is established as an investment company with fixed capital domiciled in Guernsey. The Company has received the necessary approval from the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Financial Markets Authority as a collective investment scheme in accordance with Article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Law ( 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 main market of the London Stock Exchange for listed securities.

It is not an offer to sell or a solicitation of an offer to buy securities in the United States or any other jurisdiction. This announcement is not intended to and does not constitute, nor is it part of, an offer or invitation to purchase securities or to solicit a vote. or for approval in any jurisdiction whatsoever, or for the sale, issue or transfer of the securities referred to in this announcement in any jurisdiction in violation of applicable law.

Neither the Company nor the BG Fund ICAV have been and will not be registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition, the securities mentioned in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently, these securities may not be offered, sold or otherwise transferred to the United States or to, or on behalf of or for the benefit of American persons, except in accordance with an exemption from the Securities Act and in circumstances which will not require the issuer of these securities to be registered under the Investment Companies Act. No public offering of securities will be made in the United States.

You should always keep in mind that:

  • all investments are subject to risks;
  • past results do not guarantee future results;
  • BGHL's investment performance can go down as well as up. You may not get back all of your original investment; and
  • If you have any doubts about the content of this communication or if you plan to make an investment decision, we advise you to consult a financial expert.

This communication is for informational purposes only and the information contained in this communication should not be used as a substitute for financial advice or other professional advice.

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