Conversion of Securities

RNS Number : 7590B

BlueCrest AllBlue Fund Ltd

20 August 2008

 



BlueCrest ALLBLUE FUND LIMITED (the 'Company')

CONVERSION BETWEEN SHARE CLASSES & ADMISSION OF NEW SHARES

Conversion requests

The table below summarises the aggregate number of shares of each class in relation to which the Company has received requests to convert such shares into shares of another class with effect from 1 July 2008 (the 'Conversion Day').

From GBP Shares to US$ Shares        : 9,400

Conversion ratios

The net asset value per share of each class as at the Conversion Day was as follows:

£1.1904 in the case of Sterling Shares

€1.1507 in the case of Euro Shares

$1.1691 in the case of US$ Shares

The spot currency conversion rate as at the Conversion Day was:

£1:US$1.9923

On the basis of the above, the conversion ratios are as follows:

2.028511 US$ Shares for every one Sterling Share 

Admission of new shares

Application has been made for 19,068 US$ Shares to be listed on the London Stock Exchange. It is expected that such listing will become effective and that dealings in such shares will commence on 25 August 2008.

Results of conversion

With effect from 1 July 2008, the issued share capital of the Company will be as follows:

Sterling Shares:    137,399,261

Euro Shares:            4,612,735

US$ Shares:             6,651,821

22 August 2008

For further information about this announcement contact: 

Anson Fund Managers Limited

Secretary

Tel: [phone]

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E&OE - in transmission.

 

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