Exercise of Warrants

RNS Number : 3037G

J.P. Morgan Private Equity Ltd

10 May 2011

 



J.P. Morgan Private Equity Limited (the "Company")

Exercise of Warrants 

10 May 2011   

Pursuant to the Bonus Issue described in the prospectus published by the Company on 18 June 2009 (the "Prospectus"), the Company issued Warrants to Qualifying Bonus Issue Shareholders. These Warrants may be exercised in relation to a subscription for US$ Equity Shares during the period 1 October 2009 to 30 June 2014. 

The Company today announces that, on 21 April 2011, Qualifying Bonus Issue Shareholders exercised 16,667 Warrants, representing Subscription Rights to subscribe for 16,667 US$ Equity Shares at a Subscription Price of US$1.37 per US$ Equity Share. The Company issued and allotted such US$ Equity Shares on 21 April 2011. Application is being made for the newly allotted US$ Equity Shares to be admitted to the Official List of the UKLA Listing Authority and to trading on the Main Market of the London Stock Exchange.  

Following this allotment, the Company's issued share capital will consist of 356,877,850 Shares of no par value (excluding treasury shares) each classified as US$ Equity Shares, 63,312,305 shares of no par value (excluding treasury shares) each classified as 2013 zero dividend preference shares and 68,592,306 shares of no par value (excluding treasury shares) each classified as 2015 zero dividend preference shares.

In this announcement capitalised words and phrases have the meaning given to them in the Prospectus, unless the context requires otherwise.

For further information, please contact

Paul Wrench - HSBC Management (Guernsey) Limited - 01481 759 000

 

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