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CVC Credit Partners (CCPG)

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Friday 09 February, 2018

CVC Credit Partners

Sale of Treasury Shares

RNS Number : 4885E
CVC Credit Partners European OpsLtd
09 February 2018
 

9 February 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 €164,625 through the sale of 150,000 shares at a price of €1.0975 per share.

 

The ordinary Sterling share sale raised gross proceeds of £505,935 through the sale of 450,000 shares at a price of £1.1243 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 26 January 2018, less the dividend declared on 24 January 2018 with an ex-dividend date of 1 February 2018. Settlement of both sales is expected to take place on or around 13 February 2018.

 

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

 

123,747,583 ordinary Euro shares of no par value

297,667,279 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 123,747,583 and of the ordinary Sterling shares of no par value is 348,270,716. The total number of voting rights in the Company will be 472,018,299. The Company will hold the following ordinary shares in treasury:

 

48,931,335 ordinary Euro shares of no par value (non-voting)

24,474,700 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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