BH Macro Ltd - Guernsey-based close-ended investment company - Starts placing of planned issue of up to 220 million new shares with an expected admission date of February 15. The company will invest proceeds of the issue in Brevan Howard Master Fund Ltd, a fund of Jersey-based hedge fund management company Brevan Howard Asset Management LLP. BH Macro will seek shareholder permission for the share issue at an extraordinary general meeting on February 6.

Current stock price: 4,394.68 pence, down 1.9% on Monday

12-month change: up 16%

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