Confirmation of Cash Exit Payment and Subscription

RNS Number : 7184G

Highbridge Multi-Strategy Fd Ltd £

09 August 2016

 

HIGHBRIDGE MULTI-STRATEGY FUND LIMITED (the "Company")

Confirmation of Cash Exit Payment and Subscription into Highbridge

The Board of the Company is pleased to announce that an amount equal to £0.11 per redeemed GBP Share participating in the Cash Exit Opportunity and $0.10 per redeemed US Dollar Share participating in the Cash Exit Opportunity are expected to be paid to former shareholders of the Company who have chosen to take part in the Cash Exit Opportunity on or before Wednesday 17 August 2016.   

The Board is further pleased to announce that proceeds equal to £0.07 per continuing share have been invested into the Sterling class of Highbridge Capital Corporation, a limited liability company through which the Company intends to invest in Highbridge Multi-Strategy Fund ("HCC").  It is currently intended that proceeds equal to £0.04 per continuing share will be invested in HCC at the next opportunity on 1 September.

Further distributions, and subscriptions into HCC, will take place as advised in the Circular once proceeds are received from the Company's investments in AllBlue and AllBlue Leveraged. 

For further information about this announcement please contact:

JTC (Guernsey) Limited

Secretary

Tel: [phone]

END OF ANNOUNCEMENT

E&OE - in transmission

 

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