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BH Global Limited - Transaction in Own Shares

Hamilton, Bermuda – 05 November, 2012 – In a filing to the Bermuda Stock Exchange, BH Global Limited (the “Company”) today announced details ogf transactions in its own shares.

 

The Company announces that on 2 November 2012 it purchased the following:

 

  • 30,000 ordinary shares of no par value in the capital of the Company designated as Euro shares ("Euro Shares") at a price of €11.1600 per Euro Share.
  • 40,000 ordinary shares of no par value in the capital of the Company designated as US Dollar Shares ("US Dollar Shares") at a price of USD11.0600 per US Dollar Share.

These shares will be held as treasury shares. 

 

The Company also announces that in addition to the buy-back of above shares, 75,000 Euro shares and 300,000 US Dollar shares were also cancelled.

Following the purchase and cancellation of the relevant Euro, Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

 

Total number of treasury shares held  by the Company following the purchase and non cancellation as described above  

Number of shares in issue less shares held in treasury  following the purchase as described above 

214,973 Euro Shares

2,449,182 Euro Shares

1,205,294 US Dollar Shares

13,789,520 US Dollar Shares

2,940,103 Sterling Shares

38,778,229 Sterling Shares

 

 

From 5 November 2012, the total number of voting rights in the Company (rounded down to the whole number) is 94,407,629.

 

Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: 01481 745381

 

William Simmonds

JPMorgan Cazenove

Tel: 020 7588 2828