BGHL (GBP): NAV(s)

BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP)

BOUSSARD & GAVAUDAN HOLDING LIMITED

Common shares

The directors of Boussard & Gavaudan Holding Limited would like to announce the following information about the Company.

End of business January 24, 2023

Estimated NAV

Shares in Euro

Sterling shares

Estimated NAV

€27.2125

£23.9587

MTD expected return

-2.01%

-1.91%

Estimated return since the beginning of the year

-2.01%

-1.91%

Expected return on ITD

172.12%

139.59%

NAV and returns are calculated net of management and performance fees

Market information

Shares in Euro

Amsterdam (AEX)

London (LSE)

Market closing

22.00 euros

N/A

Premium/Discount to Estimated NAV

-19.15%

N/A

Sterling shares

Amsterdam (AEX)

London (LSE)

Market closing

N/A

GBX 1900.00

Premium/Discount to Estimated NAV

N/A

-20.70%

Transactions with own securities purchased in the treasury

Common shares

Shares in Euro

Sterling shares

Number of shares

N/A

N/A

Average price

N/A

N/A

Price range

N/A

N/A

Agreement to increase liquidity

Shares in Euro

Sterling shares

Number of shares

N/A

N/A

Average price

N/A

N/A

BGHL Capital

BGHL common stock

Shares in Euro

Sterling shares

Shares outstanding

12,299,959

126,294

It is kept in the treasury

7,510

N/A

Issued shares

12,307,469

126,294

Estimated NAV of BG Fund

Class B Euro Shares (approximate)

€238.3902

GBP A Class Shares (approx.)

£127.8217

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

For further information, please contact:

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

The company was established as a closed-end investment company based in Guernsey. The company has received the necessary approval from the Guernsey Financial Services Commission and the Guernsey States Political Council. The company is registered with the Dutch Financial Markets Authority as a collective investment scheme under Article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The Company’s shares (the “Shares”) are listed on Euronext Amsterdam. The shares are also listed on the official list of the UK Listing Authority and are admitted to trading on the main listed securities market of the London Stock Exchange plc.

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, any offer or solicitation to purchase any securities or the solicitation of a vote or approval in any jurisdiction, nor will there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in violation of applicable law.

Neither the Company nor the BG Fund ICAV has been and will not be registered under the US Investment Company Act of 1940, as amended (the “Investment Company Act”). In addition, the securities referred to in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”). Therefore, such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account of or for the benefit of, US persons except in accordance with or exempted from the Securities Act and in circumstances , which do not require the issuer of these securities to register under the Investment Companies Act. There will be no public offering of securities in the United States.

You should always keep in mind that:

  • all investments are subject to risk;

  • past performance is no guarantee of future performance;

  • BGHL’s investment performance can go down as well as up. You may not get back all of your initial investment; and

  • if you have any doubts about the content of this communication or if you are considering an investment decision, you are advised to seek expert financial advice.

This announcement is for informational purposes only and the information contained in this announcement should not be relied upon as a substitute for financial or other professional advice.

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