Sale of Treasury Shares

RNS Number : 4191F

CVC Credit Partners European OpsLtd

17 May 2017

 

17 May 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 £387,520 through the sale of 350,000 Sterling ordinary shares at a price of £1.1072 per share representing a premium to the net asset value per Sterling ordinary share, as at 5 May 2017. Settlement is expected to take place on or around 19 May 2017.

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

117,147,455 ordinary Euro shares of no par value

202,610,969 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 117,147,455 and of the ordinary Sterling shares of no par value is 237,054,833. The total number of voting rights in the Company will be 354,202,288. The Company will hold the following ordinary shares in treasury:

110,001,299 ordinary Euro shares of no par value (non-voting)

70,239,838 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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