RNS Number : 4526Q
J.P. Morgan Private Equity Ltd
19 October 2011
J.P. MORGAN PRIVATE EQUITY LIMITED ANNOUNCES
TRANSACTION IN ITS OWN SHARES
19 October 2011
J.P. Morgan Private Equity Limited (the "Company") announces that on 18 October 2011 it has purchased into treasury the following shares: 100,000 US$ Equity Shares at a price of US$0.83 per Share.
The open market purchase will be accretive to the Company's current NAV of $1.32 per US$ Equity Share as at 31 August 2011.
Following this purchase the Company has 399,479,496 US$ Equity Shares in issue.
The Company is not in possession of any unpublished inside information.
J.P. Morgan Private Equity Limited
Troy Duncan: Tel (Direct): +44 207 742 3032 (email@example.com)
Gregory Getschow: Tel (Direct): +1 212 648 1150 (firstname.lastname@example.org)
Rosemary DeRise: Tel (Direct): +1 212 648 2980 (email@example.com)
Samantha Ladd: Tel (Direct): +1 212 648 2982 (firstname.lastname@example.org)
Anthony Payne: Tel (Direct): +44 203 178 6869 (email@example.com)
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About J.P. Morgan Private Equity Limited
J.P. Morgan Private Equity Limited is a Guernsey registered and incorporated closed-ended investment company and is designed primarily to invest in the global private equity market. The Company's issued share capital has been admitted to listing on the premium segment and the standard segment (as appropriate) of the Official List and admitted to trading on the main market of the London Stock Exchange (LSE:JPEL, JPEZ, JPZZ, JPSZ, JPWW). In summary, the investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well-diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.
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