Pershing Square Holdings Ltd.

04/08/2020 | Press release | Distributed by Public on 04/09/2020 01:49

Pershing Square Holdings, Ltd. Announces Transactions in Own Shares and Weekly Summary of Transactions in Own Shares

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) ("PSH") today announced that it has purchased, through PSH's agent, Jefferies International Limited ("Jefferies"), the following number of PSH's Public Shares of no par value (ISIN Code: GG00BPFJTF46) (the "Shares"):

Trading Venue:

London Stock Exchange

Ticker:

PSH

Date of Purchase:

8 April 2020

Number of Public Shares purchased:

5,480 Shares

Highest Price Paid Per Share:

1,500 pence / 18.62 USD

Lowest Price Paid Per Share:

1,500 pence / 18.62 USD

Average Price Paid Per Share:

1,500 pence / 18.62 USD



Trading Venue:

Euronext Amsterdam

Ticker:

PSH

Date of Purchase:

8 April 2020

Number of Public Shares purchased:

10,549 Shares

Highest Price Paid Per Share:

18.48 USD

Lowest Price Paid Per Share:

18.34 USD

Average Price Paid Per Share:

18.45 USD

PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 28.35 USD / 22.97 GBP which was calculated as of 7 April 2020 (the "Relevant NAV"). After giving effect to the above buyback, PSH has 200,118,979 Public Shares outstanding, or 205,853,237 Public Shares calculated on a fully diluted basis (assuming that all Management Shares had been converted into Public Shares at the Relevant NAV). Excluded from the shares outstanding are 10,837,771 Public Shares held in Treasury. The prices per Public Share were calculated by Jefferies.

The number of PSH Management Shares and the one special voting share (held by PS Holdings Independent Voting Company Limited) have not been affected.

PSH also announces that it has published to its website, in accordance with the EU Commission Delegated Regulation (EU) 2016/1052, details of transactions in its own shares for the past week. Information is available at https://pershingsquareholdings.com/company-reports/other-materials/.

About Pershing Square Holdings, Ltd.
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments principally in North American companies.