May 2020 Share Conversion

RNS Number : 7482N

CVC Credit Partners European Opps.

22 May 2020

 

22 May 2020

CVC Credit Partners European Opportunities Limited (the "Company")

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

May 2020 Share Conversion

CVC Credit Partners European Opportunities Limited (the "Company") announces the conversion of a number of Sterling Shares into Euro Shares and a number of Euro Shares into Sterling Shares (the "Conversion").

On the basis of the net asset values of the Company's Euro and Sterling shares as at 30 April 2020 (using spot currency exchange rates as at 30 April 2020), the current conversion ratio, in accordance with the Company's articles of association, is:

1.212233   Euro Shares per Sterling Share

0.824838 Sterling Shares per Euro Share.

The Company received eligible conversion notices from shareholders in respect of 721,863   Euro Shares and 15,238 Sterling Shares by the relevant closing date. Accordingly, an application has been made for the admission of 18,472 Euro Shares and 595,420 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 Euro Shares and new Sterling Shares will commence on 29 May 2020.  The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.

CVC Credit Partners European Opportunities Limited :              [phone]
Richard Boléat

BNP Paribas Securities Services S.C.A., Jersey Branch   [phone]/813820

 

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