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"):

PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 31.02 USD / 24.93 GBP which was calculated as of 5 May 2020 (the “Relevant NAV”). After giving effect to the above buyback, PSH has 198,759,645 Public Shares outstanding, or 204,587,097 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 12,197,105 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200507005922/en/

Camarco
Ed Gascoigne-Pees / Hazel Stevenson +44 020 3757 4989, [email protected]

Source: Pershing Square Holdings, Ltd.

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