Result of ZDP Share Placing

RNS Number : 6614V

EPE Special Opportunities Limited

15 December 2021

 

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF THE EEA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.

15 December 2021

EPE Special Opportunities Limited

Result of ZDP Share Placing

Further to its announcement on 2 December 2021, EPE Special Opportunities Limited (the "Company") is pleased to announce that it has raised gross proceeds of £20.0 million pursuant to a placing (the "Placing") of 20,000,000 zero dividend preference shares ("ZDP Shares") at a price of £1.00 per ZDP Share (the "PlacingPrice") as detailed in the Company's Prospectus.

The ZDP Shares have a life of 5 years and a Final Capital Entitlement of 129.14 pence per ZDP Share on the ZDP Repayment Date, equivalent to a Gross Redemption Yield of 5.25 per cent. per annum on the Placing Price.

Admission and dealings

Application will be made for 20,000,000 ZDP Shares to be admitted to the London Stock Exchange's Main Market (standard listing segment) ("Admission"). It is expected that Admission will become effective and dealings will commence at 8.00 a.m. on 17 December 2021. The ZDP Shares ISIN number is BMG3163K1137, the SEDOL number is BMFSHK1 and the ticker symbol is ESOZ. New share certificates in respect of the certified ZDP Shares will be issued as soon as practicable following admission.

A copy of the Prospectus will be submitted to the National Storage Mechanism and will shortly be available for inspection at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism   and on the Company's website:  www.epespecialopportunities.com .

Terms used but not defined in this announcement shall have the meanings given to such terms in the Prospectus.

The person responsible for releasing this information on behalf of the Company is Amanda Robinson of Langham Hall Fund Management (Jersey) Limited.

Enquiries:

Liberum Capital Limited	[phone]
Financial Adviser and Sole Bookrunner	Chris Clarke / Darren Vickers / Owen Matthews
EPIC Investment Partners LLP	[phone] Alex Leslie
Langham Hall Fund Management (Jersey) Limited	[phone] Amanda Robinson
Cardew Group Limited	[phone] Richard Spiegelberg
Numis Securities Limited	[phone]
Nominated Adviser	Stuart Skinner
Corporate Broker	Charles Farquhar

 

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