LONDON--(BUSINESS WIRE)--Regulatory News:
Pershing Square Holdings, Ltd. (LN:PSH) (NA:PSH) today announces that it has purchased, through PSH’s agent, Jefferies International Limited (“Jefferies”), the following number of PSH’s ordinary shares of no par value (ISIN Code: GG00BPFJTF46) (the "Shares"):
|Date of purchase:||20 June 2017|
|Number of Shares purchased:||72,856 Shares|
|Highest price paid per Share:||1,238 pence / 15.63 USD|
|Lowest price paid per Share:||1,225 pence / 15.46 USD|
|Average price paid per Share:||1,231.69 pence / 15.54 USD|
PSH intends to cancel these Shares. The net asset value per Share related to this Share buyback is USD 18.27 / GBP 14.32 which was calculated as of 13 June 2017. After giving effect to the above Share buyback, PSH has 239,227,363 outstanding Shares. The prices per share in USD were calculated by Jefferies.
The number of shares outstanding today reflects a correction of 300 shares that were overstated in the shares outstanding as of Wednesday, June 14. The correction is immaterial, however, PSH restates the outstanding share count as follows:
|Date||Reported Shares Outstanding||Corrected Shares Outstanding|
|June 14, 2017||239,402,330||239,402,630|
|June 15, 2017||239,372,327||239,372,627|
|June 16, 2017||239,319,812||239,320,112|
|June 19, 2017||239,299,919||239,300,219|
There were no other effects of this immaterial overstatement
The number of PSH Management Shares and the 1 special voting share (held by PS Holdings Independent Voting Company Limited) has not been affected.
About Pershing Square Holdings, Ltd.:
Pershing Square Holdings, Ltd. (LN:PSH) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments principally in North American companies.