Result of Shareholder Convers

RNS Number : 7053W

BlueCrest AllBlue Fund Ltd

31 July 2009

 



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 2009 (the 'Conversion Day').

From Sterling Shares to Euro Shares            : 2,940,252

From Sterling Shares to US Dollar Shares    : 99,900

From Euro Shares to Sterling Shares            : 635,857

From US Dollar Shares to Sterling Shares    : 4,501,755

Conversion ratios

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

£1.3704 in the case of Sterling Shares

€1.3220 in the case of Euro Shares

$1.3279 in the case of US$ Shares

The spot currency conversion rate used for this conversion was:

GBP / USD : 1.1724

GBP / EUR : 1.6463

EUR / USD : 1.4033

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

1.215291 Euro Shares for every one Sterling Share

1.698969 US Dollar Shares for every one Sterling Share

0.822845 Sterling Shares for every one Euro Share

0.588585 Sterling Shares for every one US Dollar Share

Admission of new shares

Application has been made for 132,724 Sterling Shares and 2,937,405 Euro Shares to be admitted to the Official List of the UK Lisiting Authority and to trading on the London Stock Exchange. It is expected that such listing will become effective and that dealings in such shares will commence on 5 August 2009.

Results of conversion

With effect from 5 August 2009, the issued share capital of the Company will be as follows:

Sterling Shares: 206,418,289

Euro Shares:          9,119,694

US$ Shares:         15,650,334

31 July 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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