Sale of Treasury Shares

RNS Number : 1133Y

CVC Credit Partners European OpsLtd

28 February 2017

 

28 February 2017

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

Sale of Treasury Shares

CVC Credit Partners European Opportunities Limited (the "Company") is pleased to announce the sale of Sterling ordinary shares out of treasury (the "Sale"). The Sale raised gross proceeds of £710,125 through the sale of 650,000 Sterling ordinary shares, at a price of £1.0925 per share, representing a 0.7% premium to the net asset value per Sterling ordinary share, as at 17 February 2017. Settlement is expected to take place on or around 6 March 2017.

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

122,691,086 ordinary Euro shares of no par value

207,526,594 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 in the Company will be 365,497,200. The Company will hold the following ordinary shares in treasury:

104,457,668 ordinary Euro shares of no par value (non-voting)

64,949,741 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

 

END

 

 

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