Transaction in Own Shares

RNS Number : 3732X
J.P. Morgan Private Equity Ltd
18 November 2014
 

 

J.P. Morgan Private Equity Limited

Carinthia House

9-12 The Grange

St Peter Port

Guernsey GY1 4BF

www.jpelonline.com

 

 

 

J.P. MORGAN PRIVATE EQUITY LIMITED ANNOUNCES
TRANSACTION IN ITS OWN SHARES

 

 

18 November 2014

 

J.P. Morgan Private Equity Limited (the "Company") announces that on 17 November 2014 it purchased the following shares for cancellation:

 

·      875,000 US$ Equity Shares at a price of US$0.80 per Share. 

 

The open market purchase will be accretive to the Company's current NAV of $1.13 per US$ Equity Share as at 31 August 2014. 

 

Following this purchase, the Company has 337,945,574 US$ Equity Shares in issue.

 

 

 

For further information please contact:

 

J.P. Morgan Private Equity Limited

Greg Getschow 

+1 212 648 1150

Gregory.Getschow@jpmorgan.com 

 

Rosemary DeRise / Samantha Ladd

+1 212 648 2980 / +1 212 648 2982 

Rosemary.DeRise@jpmorgan.com / Samantha.Ladd@jpmorgan.com

 

 

 

About J.P. Morgan Private Equity Limited

 

J.P. Morgan Private Equity Limited ("JPEL" or the "Company") is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL, JPZZ, JPSZ).   The Company's capital structure consists of three classes of shares: US$ Equity Shares and two classes of Zero Dividend Preference Shares due 2015 and 2017, respectively.  

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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