Third Point Investors Ltd - Results of Redemption Offer
(A closed-ended investment company incorporated in Guernsey with registration number 47161)
LEI Number: 549300WXTCG65AQ7V644 Renewal Date-
(the "Company")
RESULTS OF REDEMPTION OFFER
Further to the publication of the circular on 9 April 2024 (the "Circular"), the Board today announces the results of the Redemption Offer to purchase up to 25 per cent. of the Company's Ordinary Shares in issue (the "Redemption Offer").
The Redemption Offer was taken up in full and, after taking account of roundings, the Company will purchase a total of 6,041,995 Shares.
19,019,268 Shares were validly tendered pursuant to the Redemption Offer, equal to 78.7 per cent. of the Company's
Eligible Shareholders who validly tendered a percentage of their Shares equal to or less than their Basic Entitlement shall have all tendered Shares purchased in full under the Redemption Offer.
Eligible Shareholders who validly tendered a percentage of Shares greater than their Basic Entitlement will have an amount of Shares equal to their Basic Entitlement purchased in full plus approximately 5 per cent. of their Excess Applications, in accordance with the process described in the Circular announcing the Redemption Offer.
All Shares that are redeemed will be cancelled.
As set out in the Redemption Circular, the redemption price per Share redeemed pursuant to the 2024 Redemption Offer will be equal to the Company's published Net Asset Value per Share on
Publication of the Net Asset Value per Share at the NAV Determination Date is expected on or around
Total Voting Rights
It is intended that all Shares that are redeemed will be cancelled on
--18,125,988 US Dollar Ordinary Shares with one voting right per share. --12,083,993 US Dollar B Shares with one voting right per share.
The total number of voting rights in the Company following the Redemption Date will therefore be 30,209,981.
There are no shares held in treasury.
The above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the
Defined terms used in this announcement have the meanings given in the Redemption Circular unless the context otherwise requires.
Enquiries:
Company Website: www.thirdpointlimited.com
The Company Secretary
Trafalgar Court
Les Banques
Guernsey
GY1 3QL
Tel: 01481 745001