Updates from Boussard & Gavaudan Holding Limited
Boussard & Gavaudan Holding Limited has provided an important update concerning its Ordinary Shares. This announcement outlines the company’s estimated Net Asset Value (NAV) and highlights significant returns on both Euro Shares and Sterling Shares, giving investors a thorough understanding of their investment performance.
Details on Estimated NAV
As of the close of business on a recent date, here are the estimated NAV figures:
Estimated NAV by Share Class
The confirmed estimated NAV for Euro Shares is €28.5679, whereas the Sterling Shares are valued at £25.6374. Being aware of these figures will greatly help investors evaluate their financial standing.
Returns: Monthly, Year-To-Date, and Inception-to-Date
It’s important for investors to take note of the returns, calculated after deducting management and performance fees. The estimated month-to-date return for Euro Shares stands at -0.53%, and for Sterling Shares, it’s -0.36%. When looking at year-to-date figures, Euro Shares have provided a return of 3.70%, while Sterling Shares have delivered an impressive 4.34%. Furthermore, the inception-to-date return is notable, with Euro Shares showing 185.68% and Sterling Shares at 156.37%.
Insights on Market Information
The market close data indicates that Euro Shares ended at €27.40, which shows a premium/discount to the estimated NAV of -4.09%. On the other hand, Sterling Shares traded at GBP 2,360.00, reflecting a -7.95% discount compared to their estimated NAV. This information is crucial for investors looking to understand the current trading landscape and overall share performance.
Overview of Transactions in Own Securities
The company has reported its transactions concerning its own securities. While the specific number of shares and average prices for both Euro and Sterling Shares remain unavailable at the moment, it’s vital for shareholders to remain informed about any changes regarding treasury shares.
Information on Liquidity Enhancement Agreement
The details regarding the liquidity enhancement indicate that, although the specifics about the number of shares and their prices are currently unavailable, this agreement may offer additional support for the trading of both Euro and Sterling Shares.
Understanding BGHL Capital
In the section about BGHL Capital, the report outlines shares outstanding for each class. Currently, there are 12,299,516 BGHL Ordinary Shares and 123,090 Sterling Shares outstanding. The shares issued match those currently outstanding, providing insight into the company’s share structure.
Estimated BG Fund NAV
Looking ahead, the estimated NAV for Class B Euro Shares is reported at €258.1153, while Class GBP A Shares are valued at £137.3552. Notably, Class B Euro Shares are exempt from management fees, which could be a significant benefit for investors focused on cost-effective investment strategies.
Contact Information
If you need more information regarding the latest updates and insights on Boussard & Gavaudan Investment Management, you can find contact details available. For inquiries, please reach out to Emmanuel Gavaudan at +44 (0) 20 3751 5389, or via email at info@bgam-uk.com.
About the Company
Boussard & Gavaudan Holding Limited operates as a closed-ended investment company based in Guernsey and holds the necessary approvals for securities trading. Its shares are listed on Euronext Amsterdam and the UK’s London Stock Exchange.
Frequently Asked Questions
What is the estimated NAV for Boussard & Gavaudan Holding?
The estimated NAV for Euro Shares is €28.5679, and for Sterling Shares, it is £25.6374.
How are the returns calculated for the shares?
Returns are calculated after management and performance fees have been deducted, offering a transparent view of actual performance for the shareholders.
What market information is currently available for the shares?
Recent data shows that Euro Shares closed at €27.40, with a -4.09% discount to the estimated NAV, whereas Sterling Shares closed at GBP 2,360.00 with a -7.95% discount.
How many shares are currently outstanding for BGHL?
Currently, there are 12,299,516 BGHL Ordinary Shares and 123,090 Sterling Shares outstanding.
Who can I contact for more information about BGHL?
You can contact Emmanuel Gavaudan at +44 (0) 20 3751 5389 or via email at info@bgam-uk.com.
