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CVC Credit Partners (CCPG)

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Friday 13 July, 2018

CVC Credit Partners

Sale of Treasury Shares

RNS Number : 6465U
CVC Credit Partners European OpsLtd
13 July 2018
 

13 July 2018

 

 

CVC CREDIT PARTNERS EUROPEAN OPPORTUNITIES LIMITED
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP

 

Sale of Treasury Shares

 

 

CVC Credit Partners European Opportunities Limited (the "Company") is pleased to announce the sale of ordinary Sterling and Euro shares out of treasury (together the "Sales").

 

The ordinary Euro share sale raised gross proceeds of €166,290 through the sale of 150,000 shares at a price of €1.1086 per share.

 

The ordinary Sterling share sale raised gross proceeds of £2,507,340 through the sale of 2,200,000 ordinary Sterling shares at a price of £1.1397 per share.

 

The share price for both sales represents a premium to the net asset value for each class as at 22 June 2018. Settlement is expected to take place on or around 17 July 2018.

 

Following completion of the Sales, the Company's issued share capital (excluding treasury shares) will consist of:

 

121,990,573 ordinary Euro shares of no par value

324,312,653 ordinary Sterling shares of no par value

 

Each ordinary Euro share carries the right to 1 vote and each ordinary Sterling share carries the right to 1.17 votes.

 

The total number of voting rights of the ordinary Euro shares of no par value is 121,990,573 and of the ordinary Sterling shares of no par value is 379,445,804. The total number of voting rights in the Company will be 501,436,377. The Company will hold the following ordinary shares in treasury:

 

9,353,558 ordinary Euro shares of no par value (non-voting)

33,562,531 ordinary Sterling shares of no par value (non-voting)

 

ENQUIRIES

 

CVC Credit Partners European Opportunities Limited
Richard Boléat
+44 1534 625 522

 

Winterflood Securities Limited
Joe Winkley

Neil Morgan

+44 20 3100 0000

 

 

CVC Credit Partners European Opportunities Limited is regulated by the Jersey Financial Services Commission

 

A copy of this announcement is and will be available, subject to certain restrictions relating to persons resident in restricted jurisdictions for inspection on the Company's web site at www.ccpeol.com

 

 


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