TIDMHTCF

RNS Number : 2282Z

Highbridge Tactical Credit Fund Ltd

16 September 2020

16 September 2020

HIGHBRIDGE TACTICAL CREDIT FUND LIMITED

(the "Company")

Revision to previously published Net Asset Values (NAVs)

Further to the announcements made on 28 August 2020 (RNS: 5171X) and 4 September 2020 (RNS: 0104Y) the independent review of the final NAV published for 30 June 2020 and subsequent NAV estimates has now been completed. During the review, administrative errors in the calculation in the below stated NAVs were identified. The costs of the independent review exercise will be borne by the Company's Administrator, not by the Company.

The revised NAVs are confirmed in accordance with the table below:

 
 NAV Date      Type           Originally    Original        Independently     Variance 
                               published     publication     confirmed         to original 
                               NAV per       date            NAV per share     NAV 
                               share 
                                            29/7/20 
 30/06/2020    Final Price    GBP2.2561      RNS 5104U      GBP2.2587         +0.12% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    16/7/20 
 10/07/2020     Price         GBP2.2751      RNS 2612T      GBP2.2777         +0.11% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    21/7/20 
 17/07/2020     Price         GBP2.2887      RNS 6694T      GBP2.2913         +0.11% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    29/7/20 
 24/07/2020     Price         GBP2.3032      RNS 5213U      GBP2.3057         +0.11% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    7/8/20 
 31/07/2020     Price         GBP2.3103      RNS 5539V      GBP2.3116         +0.06% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    13/8/20 
 07/08/2020     Price         GBP2.3287      RNS 0868W      GBP2.3300         +0.06% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    20/8/20 
 14/8/2020      Price         GBP2.3496      RNS 7517W      GBP2.3509         +0.06% 
              -------------  ------------  --------------  ----------------  ------------- 
               Estimated                    28/8/20 
 21/08/2020     Price         GBP2.4188      RNS 5178X      GBP2.3534         -2.70% 
              -------------  ------------  --------------  ----------------  ------------- 
                                            28/8/20 
 31/7/2020     Final Price    GBP2.3783      RNS 5188X      GBP2.3130         -2.75% 
              -------------  ------------  --------------  ----------------  -------------

Now that the independent NAV review has been completed, the normal cycle of publishing weekly estimates and a monthly final will recommence, with the publication of the delayed 28 August, 4 September and 11 September weekly estimates being published as soon as practically possible.

Enquiries:

Praxis Fund Services Limited

Company Secretary

Tel: +44 (0) 1481 737 600

Katie Standley, J.P. Morgan Asset Management (UK)

Tel: 0207 134 6220

LEI: 213800397SYHLYFH5961

E&OE - in transmission

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END

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September 16, 2020 12:43 ET (16:43 GMT)

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