Sale of Treasury Shares

RNS Number : 3945C

CVC Credit Partners European Opps.

07 February 2020

 

7 February 2020

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 €100,630.00 through the sale of 100,000 ordinary Euro shares at a price of €1.0063 per share.

The share price for the Sale represents a premium to the net asset value for the Euro shares as at 24 January 2020, less the dividend declared on 27 January 2020 with an ex-dividend date of 6 February 2020.

Following completion of the Sale on 11 February 2020, the Company's issued share capital (excluding treasury shares) will consist of:

131,996,391 ordinary Euro shares of no par value

325,702,252 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 131,996,391 and of the ordinary Sterling shares of no par value is 381,071,634. The total number of voting rights in the Company will be 513,068,025.

The Company will hold the following ordinary shares in treasury:

6,268,590 ordinary Euro shares of no par value (non-voting)

50,107,138 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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