Third Point Investors Ltd - Weekly Estimate Net Asset Value - May 2024
PR Newswire
LONDON, United Kingdom, May 03
Third Point Investors Limited (the "Company")
(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 47161)
LEI Number: 549300WXTCG65AQ7V644 Renewal Date- 02/03/2025
01stMay 2024
Publication of Weekly Estimate Net Asset Value
The estimated NAV of the under mentioned class of shares of no par value in the Company, as at the close of business on 01stMay 2024 is:
CLASS | NAV | MTD Performance | YTD Performance | SEDOL |
USD Shares | USD $ 26.91 | 1.0% | 5.8% | B1YQ721 |
The MTD performance figures are calculated by reference to the previous estimated month end NAV or, if published, the previous month end confirmed NAV including the effect of any dividends or shares cancelled. The YTD performance figures are calculated by reference to the NAV at the end of the last calendar year including the effect of any dividends or shares cancelled.
There have been no Ordinary Shares purchased during May by Third Point Offshore Master Fund LP on behalf of the Company.
We currently anticipate that the 2024 Redemption Offer will be fully subscribed, with 25% of the Ordinary Shares being redeemed at a 2% discount to NAV on the NAV Determination Date of 30 April 2024. The Company is unable to cancel the shares until a later date when the Redemption has been processed. However, for purposes of this estimate we have calculated a pro-forma NAV that assumes the shares subject to the Redemption Offer have been retired given the pending Redemption.
The NAV figures stated in this announcement are an estimate only and are based on unaudited estimated valuations supplied by the administrator of Third Point Offshore Fund, Ltd ("Master Fund"). The actual month end NAV may be materially different from the estimated monthly value. Accordingly, no reliance should be placed on such estimated NAV and it should only be taken as an indicative guide. 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 decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.
Enquiries:
Northern Trust International Fund Administration Services (Guernsey)
Limited Enquiries:
Company website:www.thirdpointlimited.com
Andrew J. Le Page
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: +44 (0) 1481 745405
Email:AL122@ntrs.com
03rdMay 2024
