BOUSSARD AND GAVAUDAN HOLDING LIMITED (EUR) : Director's retirement


Boussard & Gavaudan Holding Limited ("the Company")
a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registration number 45582

DIRECTOR'S RETIREMENT

The Company announces that it has today been advised that Mr Sameer Sain, a director of the Company, intends to retire at the Company's forthcoming AGM, expected to be held on 11 July 2013, and, although eligible to do so, Mr Sain does not intend to stand for re-election.  The Company thanks Mr Sain for his contribution during his years of service.

The Board evaluates its performance and the performance of individual directors on an annual basis.  Whilst Mr Sain will be retiring at the forthcoming annual general meeting, the Board believes that the current mix of skills and experience of the directors remains appropriate to the requirements of BGHL and does not intend to propose the appointment of an additional director at this juncture.  The Board will continue to keep its composition under review.

For further information please contact:

Boussard & Gavaudan Asset Management, L.P.
Emmanuel Gavaudan  
+44 (0) 207 514 07 00
Kleinwort Benson (Channel Islands) Fund Services Ltd       
Secretary
+44 (0) 1481 710607

 

25 April 2013

For further information, please contact:

B&G Asset Management     +44 20 740 6 3250
Emmanuel Gavaudan (London) +44 20 7406 3264
Manuel Kalbreier (London) +44 20 7406 3255

www.bgholdingltd.com

 

The Company is established as a closed-ended investment company domiciled in Guernsey. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). The shares of the Company (the "Shares") are listed on Euronext Amsterdam. The Shares are also listed on the Official List of the UK Listing Authority and admitted to trading on the London Stock Exchange plc's main market for listed securities.

 

This is not an offer to sell or a solicitation of any offer to buy any securities in the United States or in any other jurisdiction. This announcement is not intended to and does not constitute, or form part of, any offer or invitation to purchase any securities or the solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

Neither the Company nor BG Fund Plc has been, and neither will be, registered under the US Investment Company Act of 1940, as amended (the "Investment Company Act"). In addition the securities referenced in this announcement have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"). Consequently any such securities may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons except in accordance with the Securities Act or an exemption therefrom and under circumstances which will not require the issuer of such securities to register under the Investment Company Act. No public offering of any securities will be made in the United States.

You should always bear in mind that:

                        all investment is subject to risk;

                        results in the past are no guarantee of future results;

                        the investment performance of BGHL may go down as well as up. You may not get back all of your original investment; and

                        if you are in any doubt about the contents of this communication or if you consider making an investment decision, you are advised to seek expert financial advice.

 

This communication is for information purposes only and the information contained in this communication should not be relied upon as a substitute for financial or other professional ad

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