October Share Conversion

RNS Number : 0713F

CVC Credit Partners European OpsLtd

24 October 2018

 

24 October 2018

CVC Credit Partners European Opportunities Limited

October Share Conversion

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

On the basis of the net asset values of the Company's Euro and Sterling shares as at 28 September 2018 (using spot currency exchange rates as at 1 October 2018), the current conversion ratio, in accordance with the Company's articles of association, is:

1.157120 Euro Shares per Sterling Share; and

0.864092 Sterling Shares per Euro Share.

The Company received eligible conversion notices from shareholders in respect of 750,006 Euro Shares and 10,457 Sterling Shares by the relevant closing date. Accordingly, an application has been made for the admission of 12,100  Euro Shares and 648,074 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 31 October 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]/813873

 

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