Source - PRN

BH Macro Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Transaction in Own Shares

23 September 2016

BH Macro Limited (the Company) announces today it has purchased the following number of its ordinary shares on the London Stock Exchange from J.P. Morgan Securities plc:

Ordinary Shares: - Share Class Sterling Dollar Euro
Date of purchase:   23 September 2016 23 September 2016 23 September 2016
Number of ordinary shares purchased: 26,390 33,738 7,500
Lowest price per share 18.91 18.39 18.22
Highest price per share 18.99 18.40 18.25
Trading venue London London London
Aggregate volume per date per trading venue: 26,390 33,738 7,500
Weighted average price per day per trading venue:  18.9756 18.3997 18.2463

The Company intends to hold the purchased shares in treasury.

Following the above share transactions of the relevant Euro, US Dollar and Sterling Shares, the total number of shares in issue in each share class of the Company will be as follows:

Ordinary Shares in issue (excluding Treasury) Ordinary Shares held in Treasury
21,967,063 Sterling Shares 2,250,526 Sterling Shares
2,147,598 Euro Shares 245,354 Euro Shares
10,487,583 Dollar Shares 1,249,860 Dollar Shares

From 23 September 2016, the total number of voting rights in the Company (rounded down to the whole number) is 42,438,003.


Company website:

William Simmonds
JPMorgan Cazenove
Tel: 020 7588 2828

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: 01481 745368