June Share Conversion

RNS Number : 2045S

CVC Credit Partners European OpsLtd

21 June 2018

 

21 June 2018

CVC Credit Partners European Opportunities Limited

June Share Conversion

CVC Credit Partners European Opportunities Limited (the "Company") announces the conversion of a number of Euro Shares into Sterling Shares and a number of Sterling Shares into Euro Shares (the "Conversion").

On the basis of the net asset values of the Company's Euro and Sterling shares as at 31 May 2018 (using spot currency exchange rates as at 1 June 2018), the current conversion ratio, in accordance with the Company's articles of association, is:

1.169355 Euro Shares per Sterling Share; and

0.853551 Sterling Shares per Euro Share.

The Company received eligible conversion notices from shareholders in respect of 13,882 Euro Shares and 372 Sterling Shares by the relevant closing date. Accordingly, an application has been made for the admission of 435 Euro Shares and 11,849 Sterling Shares to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market"). It is expected that such application will become effective and that dealings in the new Euro Shares and new Sterling Shares will commence on 29 June 2018.  The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.

Enquiries:

BNP Paribas Securities Services S.C.A. Jersey Branch

[phone]/813873

 

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