BOUSSARD AND GAVAUDAN HOLDING LIMITED (EUR) - ...

Boussard & Gavaudan Holding Limited ("the Company")

a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registration number 45582

Share Buy Back

Boussard and Gavaudan Holding Limited ("BGHL" or the "Company") today announced that following its Annual General Meeting held on 9 July 2015 its shareholders renewed BGHL's authority to repurchase shares.

This reauthorization demonstrates the Board's continued efforts to actively offer a liquidity to the shareholders.

Since 2008, BGHL has operated a share buy back programme approved in each annual meeting by its shareholders.

As of 30 06 15, BGHL has bought back 67.30% of its shares issued. On most days, the Company has bought back up to legal and regulatory maximums. BGHL plans to continue to buy back shares directly from shareholders in off-market block transactions.

The Company currently partners with Exane to repurchase BGHL's Euro shares on the Euronext Amsterdam up to 14.99% per annum of each share class in issue. BGHL is also in regular contact with closed-end fund specialist firms in London to help market the fund to a broader audience.

Every reasonable, long-term and cost-effective endeavour will continue to be made to increase the liquidity of the shares.

13 July 2015

For further information, please contact:

B&G Investment Management  LLP   [phone]

Emmanuel Gavaudan (London) [phone]

Manuel Kalbreier (London) [phone]

www.bgholdingltd.com

The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (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 London Stock Exchange plc's main market for listed securities.

This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

Neither the Company nor BG Fund Plc has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States.

You should always bear in mind that:

                all investment is subject to risk;

                results in the past are no guarantee of future results;

                the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and

                if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice.

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

SBB

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BOUSSARD AND GAVAUDAN HOLDING LIMITED (EUR) via Globenewswire

HUG#1938019