Pershing Square Holdings Ltd

Director's Dealing • Apr 6, 2021

National Storage Mechanism | Additional information

Pershing Square Holdings, Ltd.: Notification and Public Disclosure of Transactions

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) notes that the information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	WAFH LLC
2.	Reason for the notification
a)	Position / status	Person closely associated with William A. Ackman, CEO of investment manager to issuer
b)	Initial notification / amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pershing Square Holdings, Ltd.
b)	LEI	U7LC4KOKCTZ0YWGI2G56
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	1.	Public Shares (Share A)
2.	Public Shares (Share A)
3.	Put Option
	Identification code (ISIN)	1.	GG00BPFJTF46
2.	GG00BPFJTF46
3.	NA
b)	Nature of the transaction	1.	Exercise of call options to acquire Public Shares
2.	Distribution
3.	Termination of put option
c)	Price(s) and volume(s)		Price(s)	Volume(s)
1.	15.90 USD	7,000,000
	20.53 USD	7,000,000
2.	NA	14,000,000
3.	NA	7,000,000
d)	Aggregate information: - Aggregated volume - Price		Volume (aggregate)	Price (aggregate)
1.	14,000,000	18.215 USD
2.	14,000,000	NA
3.	7,000,000	NA
e)	Date of transaction	1.	29 March 2021
2.	31 March 2021
3.	29 March 2021
f)	Place of the transaction	1.	Outside a trading venue
2.	Outside a trading venue
3.	Outside a trading venue
Remarks: WAFH LLC, which is wholly owned by William A. Ackman, exercised call options referencing 14,000,000 Public Shares and distributed such Public Shares to William A. Ackman upon settlement. WAFH LLC also terminated put options referencing 7,000,000 Public Shares.

**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 domiciled companies.

Category: (PSH:InsiderTransactions)

Media

Camarco

Ed Gascoigne-Pees / Hazel Stevenson +44 020 3757 4989, Media-PershingSquareHoldings@camarco.co.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20210405005049/en/

Pershing Square Holdings, Ltd.