BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Transaction in Own Shares

14 January 2025

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

Ordinary Shares: - Share Class Sterling Date of purchase: 14 January 2025 Number of ordinary shares purchased: 3,460 Lowest price per share (pence) 411.50 Highest price per share (pence) 411.50 Trading venue London Aggregate volume per date per trading venue: 3,460 Weighted average price per day per trading venue (pence): 411.5000

The Company intends to hold the purchased shares in treasury.

Following the above share transactions of the relevant US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

Ordinary Shares in issue (excluding Treasury) Ordinary Shares held in Treasury 341,917,738 Sterling Shares 33,586,070 Sterling Shares 27,419,773 Dollar Shares Nil Dollar Shares

From 14 January 2025, the total number of voting rights in the Company (rounded up to the whole number) is 523,816,472.

Enquiries:

Company website:        www.bhmacro.com

William Simmonds

JPMorgan Cazenove

Tel: 020 7588 2828

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: 01481 745001

BH MACRO LIMITED (the “Company”)(a closed-ended investment company incorporated in Guernsey with registration number 46235)LEI: 549300ZOFF0Z2CM87C29

Announcement of Weekly Estimated Net Asset Values

As at the close of business on 10th January 2025 the estimated Net Asset Values of each class of the Company’s shares are as follows:

Fund Name Sedol NAV Per Share MTD Performance YTD Performance NAV Date BH Macro Ltd B1NPGV1 $4.47 -0.26% -0.26% 10th January 2025 BH Macro Ltd B1NP514 434p -0.23% -0.23% 10th January 2025

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. The final month-end Net Asset Value may be materially different from these estimated weekly values, and should only be taken as indicative values which have been provided for information only and no reliance should be placed on them.  Estimated results, performance or achievements may differ materially from any actual results, performance or achievements.  Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.

This document is for information purposes only and is not an offer to invest.  All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV.  The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year.  MTD and YTD performance figures are based on the NAV per share calculated to four decimal places.

Enquiries:

bhfa@ntrs.com

Date: 14th January 2025

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00BQBFY362

Issuer Name

BH MACRO LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

RBC Europe Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

13-Jan-2025

6. Date on which Issuer notified

14-Jan-2025

7. Total positions of person(s) subject to the notification obligation

.

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

4.997811

0.000000

4.997811

26179614

Position of previous notification (if applicable)

5.003388

0.000000

5.003388

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GG00BQBFY362

 

26169992

 

4.995974

GG00BQBFY479

 

9622

 

0.001837

Sub Total 8.A

26179614

4.997811%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 

 

 

 

 

Sub Total 8.B1

 

 

 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 

 

 

 

 

 

Sub Total 8.B2

 

 

 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

RBC Europe Limited

RBC Europe Limited Nominees

3.456490

 

3.456490%

RBC Europe Limited

Clearstream Nominees Limited

1.450676

 

1.450676%

RBC Europe Limited

R&H Fund Services

0.081328

 

0.081328%

RBC Europe Limited

R & H Diversified Portfolios Fund

0.007273

 

0.007273%

RBC Europe Limited

Corporation of Lloyds

0.002044

 

0.002044%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Figures based on total voting rights of 523,821,562 as per last publicised notice.The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements. Percentages are based on shares to voting rights ratios as per company notice dated 13th January 2025.

12. Date of Completion

14th January 2025

13. Place Of Completion

Newcastle upon Tyne

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Transaction in Own Shares

13 January 2025

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

Ordinary Shares: - Share Class Sterling Date of purchase: 13 January 2025 Number of ordinary shares purchased: 27,435 Lowest price per share (pence) 406.00 Highest price per share (pence) 408.00 Trading venue London Aggregate volume per date per trading venue: 27,435 Weighted average price per day per trading venue (pence): 407.3860

The Company intends to hold the purchased shares in treasury.

Following the above share transactions of the relevant US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

Ordinary Shares in issue (excluding Treasury) Ordinary Shares held in Treasury 341,921,198 Sterling Shares 33,582,610 Sterling Shares 27,419,773 Dollar Shares Nil Dollar Shares

From 13 January 2025, the total number of voting rights in the Company (rounded up to the whole number) is 523,821,562.

Enquiries:

Company website:        www.bhmacro.com

William Simmonds

JPMorgan Cazenove

Tel: 020 7588 2828

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: 01481 745001

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

 

Transaction in Own Shares

08 January 2025

 

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

 

Ordinary Shares: - Share Class

Sterling

Date of purchase:

08 January 2025

Number of ordinary shares purchased:

147,000

Lowest price per share (pence)

400.50

Highest price per share (pence)

404.00

Trading venue

London

Aggregate volume per date per trading venue:

147,000

Weighted average price per day per trading venue (pence):

402.7185

 

The Company intends to hold the purchased shares in treasury.

 

Following the above share transactions of the relevant US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

 

Ordinary Shares in issue (excluding Treasury)

Ordinary Shares held in Treasury

342,078,975 Sterling Shares

33,424,833 Sterling Shares

27,419,773 Dollar Shares

Nil Dollar Shares

 

From 08 January 2025, the total number of voting rights in the Company (rounded up to the whole number) is 524,053,652.

 

 

Enquiries:

Company website:        www.bhmacro.com

 

William Simmonds

JPMorgan Cazenove

Tel: 020 7588 2828

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: 01481 745001

BH MACRO LIMITED (the “Company”)

(a closed-ended investment company incorporated in Guernsey with registration number 46235)

LEI: 549300ZOFF0Z2CM87C29

Announcement of Weekly Estimated Net Asset Values

As at the close of business on 3rd January 2025 the estimated Net Asset Values of each class of the Company’s shares are as follows:

Fund Name Sedol NAV Per Share MTD Performance YTD Performance NAV Date BH Macro Ltd B1NPGV1 $4.57 1.79% 1.79% 3rd January 2025 BH Macro Ltd B1NP514 443p 1.80% 1.80% 3rd January 2025

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. The final month-end Net Asset Value may be materially different from these estimated weekly values, and should only be taken as indicative values which have been provided for information only and no reliance should be placed on them.  Estimated results, performance or achievements may differ materially from any actual results, performance or achievements.  Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.

This document is for information purposes only and is not an offer to invest.  All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV.  The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year.  MTD and YTD performance figures are based on the NAV per share calculated to four decimal places.

Enquiries:bhfa@ntrs.com

Date: 8th January 2025

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

 

LEI: 549300ZOFF0Z2CM87C29

 

Update on Class Closure Resolutions

7 January 2025

 

The Company confirms that, should the final month-end Net Asset Values for 31 December 2024 for each class of the Company’s shares, which are expected to be announced on 27 January 2025, be the same as the estimated Net Asset Values for such shares as at 31 December 2024 announced yesterday, Class Closure Resolutions ("CCRs") would be triggered in respect of both the Company's Sterling and US dollar share classes following the announcement of the final month-end net asset values for 31 December 2024.

Should CCRs be triggered in respect of either or both classes of the Company’s shares, a further announcement will be made in due course.

 

Company website: www.bhmacro.com

 

Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: +44 (0) 1481 745001

 

Manager

Brevan Howard Capital Management LP

Email: bhmacro.ir@brevanhoward.com

 

Corporate Broker

J.P. Morgan Cazenove

William Simmonds / Rupert Budge

Tel: +44 (0)20 3493 8000

 

 

BH MACRO LIMITED (the “Company”)

(a closed-ended investment company incorporated in Guernsey with registration number 46235)

 

LEI: 549300ZOFF0Z2CM87C29

 

 

Announcement of  Monthly Estimated Net Asset Values

 

As at the close of business on 31st December 2024 the estimated Net Asset Values of each class of the Company’s shares are as follows:

 

Fund Name

Sedol

NAV Per Share

MTD Performance

YTD Performance

NAV Date

BH Macro Ltd

B1NPGV1

$4.49

-1.51%

5.05%

31st December 2024

BH Macro Ltd

B1NP514

435p

-1.50%

6.00%

31st December 2024

 

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. The final month-end Net Asset Value may be materially different from these estimated weekly values, and should only be taken as indicative values which have been provided for information only and no reliance should be placed on them.  Estimated results, performance or achievements may differ materially from any actual results, performance or achievements.  Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.

 

This document is for information purposes only and is not an offer to invest.  All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

 

The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV.  The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year.  MTD and YTD performance figures are based on the NAV per share calculated to four decimal places.

 

 

Enquiries:

bhfa@ntrs.com 

Date: 06th January 2025

 

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

LEI: 549300ZOFF0Z2CM87C29

 

December 2024 Share Conversion

6 January 2025

 

(Classified Regulated Information, under DTR 6 Annex 1 section 2.3)

 

 

 

The Company has received (in aggregate) the following share conversion requests from shareholders for the 31 December 2024 Share Conversion Date:

 

      296,835 USD Shares to convert to GBP Shares

 

 7,534 GBP Shares to convert to USD Shares

 

Conversions will take place as soon as practicable after the Company's month-end net asset value figures for December 2024 are released. Converting shareholders will be notified upon conversion taking place, which will be no later than 25 business days after 31 December 2024.

 

 

Company website: www.bhmacro.com

 

Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: +44 (0) 1481 745001

 

 

BH Macro Limited

(the "Company")

 

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

 

LEI: 549300ZOFF0Z2CM87C29

 

Completion of 30 November 2024 Share Conversion3 January 2025

 

Classified Regulated Information, under DTR 6 Annex 1 section 2.5

 

Following the publication on 27 December 2024 of the final month-end net asset values for 30 November 2024, the following share conversion ratios have been determined in accordance with the articles of incorporation of the Company for the purposes of the 30 November 2024 share conversion date:

 

0.809354

Sterling shares for each US Dollar share

1.235553

US Dollar shares for each Sterling share

 

On the basis of aggregate applications received and using the conversion ratios listed above, the following shares will be issued:

 

-          47,902 Sterling Shares of no par value

 

and the following shares will be cancelled:

 

-          59,187 US Dollar Shares of no par value

 

all with effect from 3 January 2025.

 

Application will be made to the Financial Conduct Authority (“FCA”) for the new shares to be admitted to the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange’s main market for listed securities.

 

Admission is expected to occur on or about 10 January 2025. Shareholder CREST accounts for converting shareholders are expected to be updated by 5.00pm on or about 10 January 2025.

 

Following issue and cancellation of the relevant shares, the total number of shares in issue in each class will be as follows:

 

- 27,419,773 US Dollar Ordinary Shares (Excluding Treasury Shares)

- 0  US Dollar Treasury Shares

- 342,225,975 Sterling Ordinary Shares (Excluding Treasury Shares)

- 33,277,833 Sterling Treasury Shares

 

The number of votes each share in the Company is entitled to on a poll at any general meeting of the Company was published by the Company on 9 March 2007 and will not change as a result of the conversions. These are:

 

US Dollar Share 0.7606 

Sterling Share 1.4710

 

From 3 January 2025, the total number of voting rights in the Company (rounded up to the whole number) is 524,269,889.

 

Website: www.bhmacro.com

Enquiries:

 

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel:  +44 (0)1481 745001

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

 

Transaction in Own Shares

02 January 2025

 

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

 

Ordinary Shares: - Share Class

Sterling

Date of purchase:

02 January 2025

Number of ordinary shares purchased:

33,423

Lowest price per share (pence)

405.00

Highest price per share (pence)

405.00

Trading venue

London

Aggregate volume per date per trading venue:

33,423

Weighted average price per day per trading venue (pence):

405.0000

 

The Company intends to hold the purchased shares in treasury.

 

Following the above share transactions of the relevant US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

 

Ordinary Shares in issue (excluding Treasury)

Ordinary Shares held in Treasury

342,178,073 Sterling Shares

33,277,833 Sterling Shares

27,478,960 Dollar Shares

Nil Dollar Shares

 

From 02 January 2025, the total number of voting rights in the Company (rounded up to the whole number) is 524,244,442.

 

 

Enquiries:

Company website:        www.bhmacro.com

 

William Simmonds

JPMorgan Cazenove

Tel: 020 7588 2828

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: 01481 745001

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00BQBFY362

Issuer Name

BH MACRO LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

RBC Europe Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

23-Dec-2024

6. Date on which Issuer notified

27-Dec-2024

7. Total positions of person(s) subject to the notification obligation

.

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

5.003388

0.000000

5.003388

26239592

Position of previous notification (if applicable)

 

 

 

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GG00BQBFY362

 

26229970

 

5.001553

GG00BQBFY479

 

9622

 

0.001835

Sub Total 8.A

26239592

5.003388%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 

 

 

 

 

Sub Total 8.B1

 

 

 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 

 

 

 

 

 

Sub Total 8.B2

 

 

 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

RBC Europe Limited

RBC Europe Limited Nominees

3.463873

 

3.463873%

RBC Europe Limited

Clearstream Nominees Limited

1.448975

 

1.448975%

RBC Europe Limited

R&H Fund Services

0.081232

 

0.081232%

RBC Europe Limited

R & H Diversified Portfolios Fund

0.007265

 

0.007265%

RBC Europe Limited

Corporation of Lloyds

0.002043

 

0.002043%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Figures based on total voting rights of 524,436,464 as per last publicised notice.The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements. Percentages are based on shares to voting rights ratios as per company notice dated 2nd December 2024.

12. Date of Completion

27TH December 2024

13. Place Of Completion

Newcastle upon Tyne

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

LEI: 549300ZOFF0Z2CM87C29

 

Total Voting Rights

2 January 2025

 

 

In conformity with the FCA's Disclosure Guidance and Transparency Rules (the "Rules"), the Company would like to notify the market of the following:

 

The Company's issued share capital as at 31 December 2024 consists of the following:

 

· 342,211,496 GBP Ordinary Shares with 1.4710 voting right per share.

· 27,478,960 USD Ordinary Shares with 0.7606 voting right per share.

 

The total number of voting rights in the Company at 31 December 2024 is therefore 524,293,608.

 

There are 33,244,410 GBP Treasury 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 Rules.

 

Company website: www.bhmacro.com

 

Enquiries:

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: +44 (0) 1481 745001

 

 

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

 

Transaction in Own Shares

30 December 2024

 

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

 

Ordinary Shares: - Share Class

Sterling

Sterling

Date of purchase:

30 December 2024

30 December 2024

Number of ordinary shares purchased:

18,514

78,601

Lowest price per share (pence)

409.00

408.00

Highest price per share (pence)

409.00

409.00

Trading venue

JPM SI

London

Aggregate volume per date per trading venue:

18,514

78,601

Weighted average price per day per trading venue (pence):

409.0000

408.6361

The Company intends to hold the purchased shares in treasury.

 

Following the above share transactions of the relevant US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

 

Ordinary Shares in issue (excluding Treasury)

Ordinary Shares held in Treasury

342,211,496 Sterling Shares

33,244,410 Sterling Shares

27,478,960 Dollar Shares

Nil Dollar Shares

 

From 30 December 2024, the total number of voting rights in the Company (rounded up to the whole number) is 524,293,608.

 

 

Enquiries:

Company website:        www.bhmacro.com

 

William Simmonds

JPMorgan Cazenove

Tel: 020 7588 2828

 

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel: 01481 745001

BH MACRO LIMITED (the “Company”)

(a closed-ended investment company incorporated in Guernsey with registration number 46235)

LEI: 549300ZOFF0Z2CM87C29

Announcement of Weekly Estimated Net Asset Values

As at the close of business on 24th December 2024 the estimated Net Asset Values of each class of the Company’s shares are as follows:

Fund Name Sedol NAV Per Share MTD Performance YTD Performance NAV Date BH Macro Ltd B1NPGV1 $4.49 -1.31% 5.26% 24th December 2024 BH Macro Ltd B1NP514 436p -1.29% 6.22% 24th December 2024

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. The final month-end Net Asset Value may be materially different from these estimated weekly values, and should only be taken as indicative values which have been provided for information only and no reliance should be placed on them.  Estimated results, performance or achievements may differ materially from any actual results, performance or achievements.  Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.

This document is for information purposes only and is not an offer to invest.  All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV.  The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year.  MTD and YTD performance figures are based on the NAV per share calculated to four decimal places.

Enquiries:bhfa@ntrs.com

Date: 30th December 2024

BH Macro Limited(the "Company")(a closed-ended investment company incorporated in Guernsey with registration number 46235)

Monthly Shareholder Report – November 2024Attached is a link to the November 2024 Monthly Shareholder Report for BH Macro Limited.

BMA - Monthly Shareholder Report - November 2024

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited+44 (0) 1481 74 5001

BMA - Monthly Shareholder Report - November 2024 - ADV020114 pdf

BH MACRO LIMITED (the “Company”)

(a closed-ended investment company incorporated in Guernsey with registration number 46235)

 

LEI: 549300ZOFF0Z2CM87C29

 

 

Announcement of Monthly Final Net Asset Values

 

As at the close of business on 30th November 2024 the Final Net Asset Values of each class of the Company’s shares are as follows:  

 

Fund Name

Sedol

NAV

MTD Performance

YTD Performance

NAV Date

BH Macro Ltd

B1NPGV1

$4.55

6.56%

6.66%

30th November 2024

BH Macro Ltd

B1NP514

442p

7.00%

7.61%

30th November 2024

 

The Net Asset Value figures in this announcement have been calculated by Northern Trust International Fund Administration Services (Guernsey) Limited and are based on unaudited valuations. 

 

This document is for information purposes only and is not an offer to invest.  All investments are subject to risk. Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

 

The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV.  The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year.  MTD and YTD performance figures are based on the NAV per share calculated to four decimal places.

 

Enquiries:

bhfa@ntrs.com 

Date: 27th December 2024 

BH Macro Limited (the "Company")

(a closed-ended investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

LEI: 549300ZOFF0Z2CM87C29

 

 

Transparency Reporting

24 December 2024

 

 

As an investor in Brevan Howard Master Fund Limited (the "Master Fund"), the Company has received from State Street Fund Services (Ireland) Limited, the administrator of the Master Fund, an Investor Transparency Report relating to the Net Asset Value of the Master Fund as at 31 October 2024. The report is available on the Company's website, which can be accessed at www.bhmacro.com.

 

Enquiries:

 

Company website:        www.bhmacro.com

 

Northern Trust International Fund Administration Services (Guernsey) Limited

Tel:       +44 (0) 1481 745001

BH Macro Limited (the "Company")(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Transaction in Own Shares 23 December 2024

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

Ordinary Shares: - Share Class Sterling Date of purchase: 23 December 2024 Number of ordinary shares purchased: 15,770 Lowest price per share (pence) 408.00 Highest price per share (pence) 408.00 Trading venue London Aggregate volume per date per trading venue: 15,770 Weighted average price per day per trading venue (pence): 408.0000

The Company intends to hold the purchased shares in treasury.

Following the above share transactions of the relevant US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

Ordinary Shares in issue (excluding Treasury) Ordinary Shares held in Treasury 342,308,611 Sterling Shares 33,147,295 Sterling Shares 27,478,960 Dollar Shares Nil Dollar Shares

From 23 December 2024, the total number of voting rights in the Company (rounded up to the whole number) is 524,436,464.

Enquiries:

Company website:        www.bhmacro.com

William SimmondsJPMorgan Cazenove Tel: 020 7588 2828

The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) Limited Tel: 01481 745001

BH MACRO LIMITED (the "Company")

(a closed-ended investment company incorporated in Guernsey with registration number 46235)

 

LEI: 549300ZOFF0Z2CM87C29

 

 

Announcement of Weekly Estimated Net Asset Values

 

As at the close of business on 19th December 2024 the estimated Net Asset Values of each class of the Company's shares are as follows:  

 

Fund Name

Sedol

NAV

MTD Performance

YTD Performance

NAV Date

BH Macro Ltd

B1NPGV1

$4.54

-0.38%

6.28%

19th December 2024

BH Macro Ltd

B1NP514

440p

-0.34%

7.27%

19th December 2024

 

The Net Asset Value figures in this announcement are an estimate, and are based on unaudited estimated valuations. The final month-end Net Asset Value may be materially different from these estimated weekly values, and should only be taken as indicative values which have been provided for information only and no reliance should be placed on them.  Estimated results, performance or achievements may differ materially from any actual results, performance or achievements.  Except as required by applicable law, the Company expressly disclaims any obligations to update or revise such estimates to reflect any change in expectations, new information, subsequent events or otherwise.

 

This document is for information purposes only and is not an offer to invest.  All investments are subject to risk.  Past performance is no guarantee of future returns.  Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decisions.

 

The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV.  The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year.  MTD and YTD performance figures are based on the NAV per share calculated to four decimal places.

 

 

Enquiries:

bhfa@ntrs.com

Date: 23rd December 2024