21st Mar 2022 20:35
Third Point Investors Ltd - close-end fund managed by Third Point LLC - Announces results of its 2022 exchange facility in which investors had the opportunity to convert Third Point Investors shares into shares of Third Point’s Cayman Fund at a 2% discount to NAV per Third Point Investors share. Receives exchange requests of 6.1 million shares, representing an estimated USD170 million using the estimate of net asset value at March 16. Company intends to exchange USD75 million of value as measured by the March 31 NAV.
Current stock price: USD23.22
12-month change: down 3.3%
By Heather Rydings; [email protected]
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