Corrective Conversion of Secu

RNS Number : 3881N

BlueCrest AllBlue Fund Ltd

16 February 2009

 



BlueCrest ALLBLUE FUND LIMITED (the 'Company')

GENERAL TEXT AMENDMENT

The following amendments have been made to the 'Result of Conversion' announcement released on 
13 February 2009 at 14:27 under RNS No 3080N;

The mis-stated Conversion Day has been changed from 1 October 2008 to 2 January 2009.

The conversion ratios that were incorrectly cited as being:

1.497114 Sterling Shares for every one US$ Share

0.922983 Euro Shares for every one Sterling Share

1.381875 Euro Shares for every one US$ Share

0.667944 US$ Shares for every one Sterling Share

have been changed to read:

1.497114 US$ Shares for every one Sterling Share

0.922983 Sterling Shares for every one Euro Share

1.381875 US$ Shares for every one Euro Share

0.667944 Sterling Shares for every one US$ Share

All other details remain unchanged.

The full amended text is shown below.

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 2 January 2009 (the 'Conversion Day').

From Sterling Shares to US$ Shares        :   467,810

From Euro Shares to Sterling Shares        :  587,380

From Euro Shares to US$ Shares             :    28,402

From US$ Shares to Sterling Shares         : 851,483

Conversion ratios

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

£1.2526 in the case of Sterling Shares

€1.2070 in the case of Euro Shares

$1.2182 in the case of US$ Shares

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

GBP / USD : 1.4560

GBP / EUR : 1.0440

EUR / USD : 1.3947

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

1.497114 US$ Shares for every one Sterling Share

0.922983 Sterling Shares for every one Euro Share

1.381875 US$ Shares for every one Euro Share

0.667944 Sterling Shares for every one US$ Share

Admission of new shares

Application has been made for 643,075 Sterling 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 17 February 2009.

Results of conversion

With effect from 2 January 2009, the issued share capital of the Company was as follows:

Sterling Shares:    206,769,419

Euro Shares:            5,268,630

US$ Shares:           20,496,852

16 February 2009

For further information about this announcement contact: 

Anson Fund Managers Limited

Secretary

Tel: [phone]

END OF ANNOUNCEMENT

E&OE - in transmission.

 

END

 

 

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