Payment of the Initial Redemption Consideration per Ordinary Share & Total voting rights following the Redemption Date
Third Point Investors Limited announced the redemption of 4,376,750 ordinary shares at $28.56 per share, resulting in an aggregate initial redemption consideration of $124,999,980.00. Redeeming shareholders will also receive a deferred redemption consideration per share, linked to the net realization proceeds of the Illiquid Redemption Portfolio, valued at approximately $10 million as of August 31, 2025. Following the redemption, the company will have 17,050,058 ordinary shares and 6,820,024 B shares in issue, resulting in a total of 23,870,082 voting rights.
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Payment of the Initial Redemption Consideration per Ordinary Share
Total voting rights following the Redemption Date
Payment of the Initial Redemption Consideration per Ordinary Share
Further to its announcement on 4 September 2025, Third Point Investors Limited (the "Company") is pleased to announce that the Company has today redeemed 4,376,750 Ordinary Shares for an amount of $28.56 per Ordinary Share (this being the Initial Redemption Consideration per Ordinary Share). The total aggregate Initial Redemption Consideration per Ordinary Share is $124,999,980.00.
Redeeming Shareholders will also receive the Deferred Redemption Consideration per Ordinary Share, which is an amount equal to the net realisation proceeds of the Illiquid Redemption Portfolio (valued at approximately $10 million as at 31 August 2025), in respect of Redeemed Shares. Such net realisation proceeds will be paid to the relevant Redeeming Shareholder as soon as reasonably practicable following receipt of such realisation proceeds by the Company, provided that the Company may defer the payment of non-material sums in order to avoid undue administrative cost and burden. The value of the Illiquid Redemption Portfolio and, therefore, the Deferred Redemption Consideration per Ordinary Share, is subject to change and the value will not be known until each legacy investment is realised.
Total voting rights
Immediately following the Redemption Date, the Company will have 17,050,058 Ordinary Shares in issue and admitted to trading on the Main Market, and its issued share capital will be:
17,050,058 US dollar Ordinary Shares with one vote per share; and
6,820,024 US dollar B Shares with one vote per share.
Therefore, the total number of voting rights in the Company immediately following Admission will be 23,870,082. The Company holds no shares in treasury.
Capitalised terms used in this announcement shall, unless otherwise defined, have the same meanings as set out in the Company's circular dated 25 July 2025.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.