Third Point Investors Ltd - close-end fund managed by Third Point LLC - Announces results of its 2022 exchange facility in which investors had the opportunity to convert Third Point Investors shares into shares of Third Point‘s Cayman Fund at a 2% discount to NAV per Third Point Investors share. Receives exchange requests of 6.1 million shares, representing an estimated $170 million using the estimate of net asset value at March 16. Company intends to exchange $75 million of value as measured by the March 31 NAV.

Current stock price: $23.22

12-month change: down 3.3%

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