Sale of Treasury Shares

RNS Number : 8189I

CVC Credit Partners European OpsLtd

23 March 2018

 

23 March 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 Euro shares out of treasury (the "Sale"). The Sale raised gross proceeds of €774,480 through the sale of 700,000 ordinary Euro shares at a price of €1.1064 per share, representing a premium to the net asset value per ordinary Euro share as at 9 March 2018. Settlement is expected to take place on or around 27 March 2018.

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

125,358,625 ordinary Euro shares of no par value

300,822,589 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 125,358,625 and of the ordinary Sterling shares of no par value is 351,962,429. The total number of voting rights in the Company will be 477,321,054. The Company will hold the following ordinary shares in treasury:

47,631,335 ordinary Euro shares of no par value (non-voting)

21,424,700 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

 

END

 

 

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