Correction : Conversion of Securities

BH Global Limited - Correction : Conversion of Securities

PR Newswire

London, February 27

This announcement is a replacement for one released at 18.20 on 27 February 2017. The only items changed relate to: (1) the number of shares to be admitted which is 185 USD Shares of no par value; (2) the admission date is 6 March 2017.

BH Global Limited (the "Company")(a closed-ended investment scheme established as a company with limited liability under the laws of Guernsey with registered number 48555)

Completion of 31 January 2017 Share Conversion27 February 2017

Following the publication on 3 February 2017 of the final month-end net asset values for 31 January 2017, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 31 January 2017 share conversion date:

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:

and the following shares will be cancelled:

Accordingly, the net effect will be 185 USD shares of no par value to be admitted.

all with effect from 27 February 2017.

Application has been made to the Financial Conduct Authority (“FCA”) for the new shares to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange’s main market for listed securities.

Admission is expected to occur on 6 March 2017. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on 6 March 2017.

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

- 4,163,576 US Dollar Shares

- 419,280 US Dollar Treasury Shares

- 22,336,805 Sterling Shares

- 2,158,791 Sterling 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 23 May 2008 and will not change as a result of the conversions. These are:

US Dollar Share 1Sterling Share 1.97950

From 27 February 2017, the total number of voting rights in the Company (rounded down to the whole number) is 48,379,281.

Enquiries:

Website: www.bhglobal.com

Northern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745736