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CVC Credit Partners (CCPG)

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Thursday 11 January, 2018

CVC Credit Partners

Sale of Treasury Shares

RNS Number : 6315B
CVC Credit Partners European OpsLtd
11 January 2018
 

11 January 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.

 

The ordinary Euro share sale raised gross proceeds of €165,675.00 through the sale of 150,000 shares at a price of €1.1045 per share.

 

The ordinary Sterling share sale raised gross proceeds of £169,500.00 through the sale of 150,000 shares at a price of £1.13 per share.

 

The share price for both sales represents a premium to the net asset values for each class of the Company's shares as at 22 December 2017. Settlement of both sales is expected to take place on or around 15 January 2018.

 

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

 

123,197,583 ordinary Euro shares of no par value

296,601,850 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 123,197,583 and of the ordinary Sterling shares of no par value is 347,024,164. The total number of voting rights in the Company will be 470,221,747. The Company will hold the following ordinary shares in treasury:

 

49,631,335 ordinary Euro shares of no par value (non-voting)

25,410,040 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

 

 


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