1st Oct 2021 15:51
Third Point Investors Ltd - investor in listed and unlisted companies - Announces start of exchange period, where all qualifying shareholders have the opportunity to convert shares in the company into shares in Third Point's flagship Cayman Fund, known as Third Point Offshore Fund Ltd, at a 7.5% discount to the net asset value per Third Point Investors shares.
To align with the minimum subscription request amount for the Master Fund, the minimum aggregate value of TPIL shares which any one shareholder can tender for exchange will be USD10 million.
Current stock price: USD29.20
Year-to-date change: up 38%
By Dayo Laniyan; [email protected]
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