Sale of Treasury Shares

RNS Number : 5572F

CVC Credit Partners European OpsLtd

21 February 2018

 

21 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 shares out of treasury (the "Sale"). The Sale raised gross proceeds of £1,860,210 through the sale of 1,650,000 ordinary Sterling shares at a price of £1.1274 per share, representing a premium to the net asset value per ordinary Sterling share as at 2 February 2018. Settlement is expected to take place on or around 23 February 2018.

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

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

299,317,279 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 350,201,216. The total number of voting rights in the Company will be 473,948,799. The Company will hold the following ordinary shares in treasury:

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

22,824,700 ordinary Sterling shares of no par value (non-voting)

ENQUIRIES

CVC Credit Partners European Opportunities Limited
Richard Boléat
[phone]

Winterflood Securities Limited
Joe Winkley

Neil Morgan

[phone]

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

 

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