BGHL (GBP): NAV(s)

BOUSSARD & GAVAUDAN HOLDING LIMITED

Ordinary actions

The Directors of Boussard & Gavaudan Holding Limited wish to announce the following information for the Company.

Closing of the offices on April 22, 2022.

Estimated NAV

Euro shares Sterling shares
Estimated NAV €28.9534 £25.1399
Estimated BAT return 1.84% 1.91%
Estimated return since the beginning of the year -0.85% -0.65%
Estimated ITD return 189.53% 151.40%

Net asset value and returns are calculated net of management and performance fees

Market information

Euro shares amsterdam (AEX) London (LSE)
Market closure €23.60 N / A
Premium/discount to estimated net asset value -18.49% N / A
Sterling shares amsterdam (AEX) London (LSE)
Market closure N / A GBX 2,000.00
Premium/discount to estimated net asset value N / A -20.45%

Transactions on treasury shares purchased in cash

Ordinary actions Euro shares Sterling shares
Number of shares N / A N / A
Average price N / A N / A
Price range N / A N / A

Liquidity improvement agreement Euro shares Sterling shares
Number of shares N / A N / A
Average price N / A N / A

Capital BGHL

BGHL Ordinary Shares Euro shares Sterling shares
Outstanding shares 12,316,588 130 254
Held in cash N / A N / A
Shares issued 12,316,588 130 254

Estimated net asset value of the BG fund

Euro Class B Shares (estimated) €250.6193
Class GBP A Shares (estimate) €133.9118

The Euro Class B Shares of the BG Fund are not subject to investment manager fees, as the Investment Manager receives management fees and performance fees for its role as Investment Manager of BGHL.

For more information, please contact:

Boussard & Gavaudan Investment Management, LLP.
Emmanuel Gavaudan +44 (0) 20 3751 5389 Email: [email protected]

The Company is established as a closed-end investment company domiciled in Guernsey. The Company has received the necessary approval from the Guernsey Financial Services Commission and the Guernsey States Policy Council. The Company is registered with the Dutch Financial Markets Authority as a collective investment scheme in accordance with 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 officially listed with the UK Listing Authority and admitted to trading on the main market of the London Stock Exchange plc for listed securities.

This is not an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction. This announcement is not intended to and does not constitute or form part of an offer or invitation to purchase securities or the solicitation of any vote or approval in any jurisdiction, and it does not Nor will there be any sale, issue or transfer of the securities mentioned in this announcement in any jurisdiction in violation of applicable law.

Neither the Company nor BG Fund ICAV has been and will be registered under the United States Investment Company Act of 1940, as amended (the “Investment Company Act”). Further, the securities referenced in this announcement have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”). Accordingly, such securities may not be offered, sold or otherwise transferred in the United States or to, or for the account or benefit of, United States persons, except in accordance with the Securities Act or an exemption therefrom and in circumstances which will not require the issuer of such securities to register under the law on investment companies. No public offering of securities will be made in the United States.

You should always keep in mind that:

  • any investment is subject to risk;
  • past results are not indicative of future results;
  • BGHL’s investment performance can go down as well as up. You may not get back all of your initial investment; and
  • if in doubt about the content of this communication or if you are considering making an investment decision, you are advised to seek the advice of a financial expert.

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

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