Pershing Square Holdings, Ltd. lists on Euronext Amsterdam

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Amsterdam – 13 October 2014 – Euronext today welcomed Pershing Square Holdings, Ltd. to Euronext’s Amsterdam market(ticker code: PSH).

Pershing Square Holdings, Ltd. is an investment holding company structured as a closed end fund that is an active investor and owner of large minority stakes in North American, large-capitalization public companies.  PSH was listed through the admission to trading of 250,253,351public shares on Euronext Amsterdam. The admission of these shares follows a successful $2,73 billion placement of new shares issued by Pershing Square Holdings, Ltd. to non-U.S. institutional and professional investors.  The placement may raise capital of up to $3 billion if the overallotment option is exercised. The admission and issue price of Pershing Square Holdings, Ltd. shares was set at $25per share, the NAV of PSH as of September 30, 2014. The NAV per share as of the closing of the U.S. and Canadian markets on October 10, 2014 was $24.41 per share.

William A. Ackman, CEO of Pershing Square Capital Management, said:  “We are delighted to list Pershing Square Holdings, Ltd. on Euronext Amsterdam.  The listing will dramatically expand our shareholder base improving the stability of our capital and our ability to implement our long-term, active investment strategy.

Jos Dijsselhof, acting CEO of Euronext Amsterdam said:  “We are very pleased to welcome Pershing Square Holdings, Ltd. to ourmarket today. The choice of Euronext as the listing venue by a leading investor shows the credibility that Euronext enjoys amongst the investment community.

Anne Louise Metz, Head of Listings of Euronext Amsterdam, added:  “Sophisticated investors look to the stock markets for the permanent capital it can provide. Euronext is an attractive venue for these funds and we expect to see continued interest in permanent capital vehicles from the fund community. We are delighted to support Pershing Square Holdings, Ltd.in realizing its objectives and look forward to a long-standing partnership with the firm.

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