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BH Macro Limited - Monthly Shareholder Report

BH Macro Limited - Monthly Shareholder Report - January 2021 PR Newswire London, February 23 BH Macro Limited (the "Company") (a closed-ended investment company incorporated

BH Macro Limited - Net Asset Value(s)

BH Macro Limited - Holding(s) in Company

BH Macro Limited - Shareholder Update

BH Macro Limited - Shareholder Update PR Newswire (a closed-ended investment company incorporated in Guernsey with registration number 46235) LEI: 549300ZOFF0Z2CM87C29 16 February 2021 Shareholder update Further to the Company s announcement on 22 January 2021, the Company has agreed with Brevan Howard Capital Management LP (the Manager ) that the Company will put forward to shareholders the changes to its management agreement requested by the Manager in its letter dated 21 January 2021 (the Manager s Proposed Changes ). The Company has also agreed with the Manager that if shareholders approve the Manager s Proposed Changes, the Company will make a tender offer to shareholders to acquire up to 40% of the Company s shares at a price equal to 98% of the net asset value per share at the time of completion of the tender offer less an amount per share in respect of the costs of the tender offer.

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