Pershing Square Holdings, Ltd. Announces Transactions in Own Shares

LONDON–(BUSINESS WIRE)– Regulatory News:

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:

Euronext Amsterdam



Date of Purchase:

25 May 2020

Number of Public Shares purchased:


Highest Price Paid Per Share:

21.90 USD

Lowest Price Paid Per Share:

21.80 USD

Average Price Paid Per Share:

21.86 USD

PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 32.52 USD / 26.54 GBP which was calculated as of 19 May 2020 (the “Relevant NAV”). After giving effect to the above buyback, PSH has 197,511,279 Public Shares outstanding, or 203,383,780 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 13,445,471 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.

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.