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Funds' Portfolio Trade: BH Macro Limited - I have applied for new shares in the offer

BH Macro Ltd (BHMG.L, FTSE Mid 250, Market Cap £1.4bn, £43.70p, 6.6 per cent of Funds’ Portfolio, (7.5 per cent target)


Further to my diary entry of 30th January:


Yesterday the Extraordinary General meeting passed the resolutions allowing the subdivision of each existing share into ten new shares and then the issue of up to 220m new shares.


This morning I instructed Hargreaves Lansdown to apply for £1,000 new shares for the Funds’ Portfolio. That will take the position up to my 7.5 per cent target.



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