LONDON–(BUSINESS WIRE)–Regulatory News:
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) (“PSH”) today announced that it has purchased, through PSH’s agent, Jefferies International Limited (“Jefferies”), the following number of PSH’s Public Shares of no par value (ISIN Code: GG00BPFJTF46) (the “Shares”):
London Stock Exchange
Date of Purchase:
1 May 2020
Number of Public Shares purchased:
Highest Price Paid Per Share:
1,634 pence / 20.48 USD
Lowest Price Paid Per Share:
1,592 pence / 19.95 USD
Average Price Paid Per Share:
1,606 pence / 20.12 USD
PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 31.50 USD / 25.01 GBP which was calculated as of 30 April 2020 (the “Relevant NAV”). After giving effect to the above buyback, PSH has 198,943,805 Public Shares outstanding, or 204,784,358 Public Shares calculated on a fully diluted basis (assuming that all Management Shares had been converted into Public Shares at the Relevant NAV). Excluded from the shares outstanding are 12,012,945 Public Shares held in Treasury. The prices per Public Share were calculated by Jefferies.
The number of PSH Management Shares and the one special voting share (held by PS Holdings Independent Voting Company Limited) have not been affected.
About Pershing Square Holdings, Ltd.
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments principally in North American companies.
Ed Gascoigne-Pees / Hazel Stevenson +44 020 3757 4989, firstname.lastname@example.org