Completion of Oct 2014 Share Conv. replacement

RNS Number : 0530Y

CVC Credit Partners European OpsLtd

26 November 2014

 



26 November 2014

The issuer advises that the following replaces the Completion of October 2014 Share Conversion

on 21 November 2014 at 15.51 under RNS number 7340X.

The amended details are:-

The reference to the admission to the main market of Sterling Shares should have the number  663,344 and not 633,344 as originally included in error. The full amended text appears below.

21 November 2014

CVC Credit Partners European Opportunities Limited

(a closed-ended investment company incorporated in Jersey with registration number 112635)

Registered Office: Liberté House, 19-23 La Motte Street, St Helier, Jersey JE2 4SY

Completion of October 2014 Share Conversion

The Company today announces the conversion of a number of Euro Shares into Sterling Shares (the "Conversion").

On the basis of the net asset values of the Company's shares as at 31 October 2014 (and using spot currency exchange rates as appropriate as at 31 October 2014), the conversion ratio, calculated in accordance with the Company's articles of incorporation, is as follows:

Euro to Sterling 0.780405

The Company received conversion notices in respect of 850,000 Euro Shares, on this basis applications have been made for the admission of 663,344 Sterling Shares to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market").

Application has also been made for the listing on the Official List and admission to the Main Market of 663,344 Sterling Shares. It is expected that such applications will become effective and that dealings in the new Sterling Shares will commence on 27 November 2014. Accordingly, the Company's issued share capital, excluding treasury shares, with effect from 27 November 2014 will be as follows:

243,747,367         Sterling Shares

220,726,309         Euro Shares

Euro Shares have 1 vote per share, and Sterling Shares have 1.17 votes per share. The Company holds the following ordinary shares in treasury:

280,875 ordinary Euro shares of no par value (non-voting)

7,401 ordinary Sterling shares of no par value (non-voting)

Following Conversion (which is expected to take place on 27 November 2014) the total number of voting rights in the Company will be announced on 27 November 2014.

Enquiries:

BNP Paribas Securities Services S.C.A. Jersey Branch

[phone]

Date:   21 November 2014

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

This information is provided by RNS

The company news service from the London Stock Exchange

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 website at www.ccpeol.com

 

END

 

 

MSCFQLFLZFFBFBD