COMPLETION OF THIRTEENTH MANDATORY REDEMPTION

JPEL Private Equity Limited

14 January 2026

 

JPEL Private Equity Limited

60, Fourth Floor

Plaza House

Admiral Park

St Peter Port, Guernsey, GY1 4BF

www.jpelonline.com

COMPLETION OF THIRTEENTH MANDATORY REDEMPTION

*              *              *

GUERNSEY, 14 JANUARY 2026

The Board of Directors of JPEL Private Equity Limited ("JPEL" or the "Company") is pleased to announce that the partial mandatory redemption of the Company's US$ Equity Share class announced on 29 December 2025 has been completed with the redemption of 4,545,396 US$ Equity Shares ("Mandatory Redemption").

The redemption represented approximately 21% of NAV at 30 September 2025 (approximately 23% of JPEL's market capitalization at 13 January 2026).

On 13 January 2026 JPEL redeemed 4,545,396 US$ Equity Shares, on a pro rata basis, at the prevailing NAV per US$ Equity Share of $1.32 as at 30 September 2025.  Such shares were cancelled automatically following their redemption.

Fractions of shares produced by the applicable redemption ratios have not been redeemed and so the number of shares redeemed in respect of each shareholder has been rounded down to the nearest whole number of shares.

Payments of redemption proceeds are expected to be effected either through CREST (in the case of shares held in uncertificated form) or by cheque (in the case of shares held in certificated form) on or around 27 January 2026. Any share certificates for the balance of holdings of shares will also be despatched to shareholders on or around 27 January 2026.

The US$ Equity Shares will be disabled in CREST on the Record Date and the existing ISIN number GG00BS82YQ75 (the "Old ISIN") will expire.  A new ISIN number GG00BVPBWF31 (the "New ISIN") in respect of the remaining 17,102,993 US$ Equity Shares which have not been redeemed will be enabled and available for transactions on 14 January 2026 (the "Ex-date").  

Inclusive of this Mandatory Redemption, JPEL will have returned $537.6 million to US$ Equity Shareholders, or approximately 112% and 141% of the Company's 31 October 2016 NAV and market capitalization.  Please note that the prevailing NAV at the time of the Company's first mandatory redemption was 31 October 2016.  

DIRECTORS' INTERESTS

As a result of the Mandatory Redemption described above, Tony Dalwood is expected, immediately following the redemption date, to hold approximately 6,467 US$ Equity Shares, respectively.

*             *                   *

About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market.  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.  

ENQUIRIES:

FCF JPEL Management LLC

[e-mail]

 

END