January 2018 Share Conversion

RNS Number : 8219C

CVC Credit Partners European OpsLtd

24 January 2018

 

24 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

January 2018 Share Conversion

CVC Credit Partners European Opportunities Limited ("the Company") 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 Sterling and Euro shares as at 29 December 2017 (using spot currency exchange rates as at 1 January 2018), the current conversion ratio applicable to a conversion of Euro Shares to Sterling Shares, calculated in accordance with the Company's articles of association, is 0.867260 Sterling Shares per Euro Share.

The Company received eligible conversion notices from shareholders in respect of 150,000 Euro Shares by the relevant closing date. Accordingly, an application has been made for the admission of 130,089 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"). It is expected that such application will become effective and that dealings in the new Sterling Shares will commence on 31 January 2018.  The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.

Enquiries:

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

[phone]

[phone]

 

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