Insights on Boussard & Gavaudan Holding Limited
Ordinary Shares
The directors at Boussard & Gavaudan Holding Limited are pleased to provide recent updates about the company and its position in the market.
Current Estimated NAV
As of late September, the estimated Net Asset Values (NAVs) for Boussard & Gavaudan are detailed below:
For Euro Shares
The estimated NAV stands at €28.5520, representing a month-to-date return of -0.59% and a year-to-date return of 3.64%. Cumulatively, since inception, the estimated internal return is a strong 185.52%.
For Sterling Shares
For those holding Sterling Shares, the estimated NAV is £25.6253. The month-to-date return is -0.40%, and the year-to-date return is stronger at 4.29%, with a remarkable return of 156.25% since inception.
It’s essential to remember that these NAVs include management and performance fees.
Overview of Market Information
Here are some key insights regarding market performance:
Performance of Euro Shares
The market recently closed at €27.20 for Euro Shares, which reflects a discount of about 4.74% compared to the estimated NAV.
Performance of Sterling Shares
For Sterling Shares, the most recent market price on the London Stock Exchange was GBX 2,360.00, which indicates a 7.90% discount relative to the estimated NAV.
Highlights of Recent Transactions
To ensure transparency, Boussard & Gavaudan has also shared information regarding transactions that affect their own securities:
Current Shares in Treasury
Currently, there are no shares reported in treasury for either the Euro or Sterling categories, maintaining straightforward ownership.
Liquidity Enhancement Agreement
The liquidity enhancement agreement reveals that no shares are being averaged or assessed for changes in market price.
Updates on BGHL Capital
Boussard & Gavaudan Holding maintains a significant number of shares in circulation, which include:
Outstanding Shares
Currently, there are 12,299,516 Euro shares and 123,090 Sterling shares outstanding, highlighting the company’s strong capital structure.
Issued Shares
The total shares issued are 12,299,516 Euro shares along with 123,090 Sterling shares.
BG Fund NAV Estimates
Recent information from the BG Fund shows:
Class B Euro Shares
The estimated NAV for Class B Euro Shares is €257.9611, offering chances for strategic market engagement.
Class GBP A Shares
For Class GBP A Shares, the estimated NAV is £137.2907, reflecting the variety of investment options available for participants.
Notably, Class B Euro Shares are free from investment manager fees, emphasizing the company's dedication to adding value for investors.
Contact Information
If you need further information about Boussard & Gavaudan, feel free to reach out to:
Boussard & Gavaudan Investment Management LLC
Emmanuel Gavaudan
+44 (0) 20 3751 5389
Email: info@bgam-uk.com
Boussard & Gavaudan operates as a closed-ended investment firm, approved by the Guernsey Financial Services Commission, and functions under Dutch Financial Markets regulations. Their shares are listed on both Euronext Amsterdam and the London Stock Exchange.
Frequently Asked Questions
What is the latest NAV for Boussard & Gavaudan Holdings?
The most recent estimated NAV is €28.5520 for Euro Shares and £25.6253 for Sterling Shares.
How has the performance been year-to-date?
Year-to-date returns are 3.64% for Euro Shares and 4.29% for Sterling Shares.
What is the number of shares outstanding?
There are currently 12,299,516 Euro shares and 123,090 Sterling shares outstanding.
Where are the shares listed?
The shares are listed on Euronext Amsterdam and the London Stock Exchange.
Who can I contact for more information?
You can contact Emmanuel Gavaudan at Boussard & Gavaudan Investment Management, or you can email info@bgam-uk.com.
