Sale of Treasury Shares

RNS Number : 2854L

CVC Credit Partners European OpsLtd

21 December 2018

 

21 December 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 €452,030 through the sale of 425,000 ordinary Euro shares at a price of €1.0636 per share.

The share price for the sale represents a premium to the net asset values for the Euro shares as at 7 December 2018.

Following completion of the Sale on 24 December 2018, the Company's issued share capital (excluding treasury shares) will consist of:

126,051,176 ordinary Euro shares of no par value

340,442,320 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 126,051,176 and of the ordinary Sterling shares of no par value is 398,317,514. The total number of voting rights in the Company will be 524,368,690. The Company will hold the following ordinary shares in treasury:

5,178,583 ordinary Euro shares of no par value (non-voting)

18,555,899 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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