Sale of Treasury Shares

RNS Number : 2187C

CVC Credit Partners European OpsLtd

27 September 2018

 

27 September 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 ordinary Sterling share sale raised gross proceeds of £4,370,459 through the sale of 3,821,000 ordinary Sterling shares at a price of £1.1438 per share.

The share price for the sale represents a premium to the net asset values for the Sterling shares as at 14 September 2018.

Following completion of the Sale on 1 October 2018, the Company's issued share capital (excluding treasury shares) will consist of:

124,149,469 ordinary Euro shares of no par value

337,270,654 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 124,149,469 and of the ordinary Sterling shares of no par value is 394,606,665. The total number of voting rights in the Company will be 518,756,134. The Company will hold the following ordinary shares in treasury:

7,503,583 ordinary Euro shares of no par value (non-voting)

21,055,307 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

 

 

POSSEDFLWFASELU