Timing of Retirement of 2017 ZDP Shares

RNS Number : 4395T

JPEL Private Equity Limited

13 October 2017

 

JPEL Private Equity Limited

Ground Floor

Cambridge House

Le Truchot, St Peter Port

Guernsey, GY1 1WD

www.jpelonline.com

JPEL ANNOUNCES TIMING OF RETIREMENT OF
2017 ZERO DIVIDEND PREFERENCE SHARES

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GUERNSEY, 13 OCTOBER 2017

JPEL Private Equity Limited ("JPEL" or the "Company") is pleased to announce the timing of retirement of its 2017 Zero Dividend Preference Shares ("2017 ZDP Shares") which are set to reach their Final Capital Entitlement Date on 31 October 2017 and which will be redeemed in accordance with the Company's Articles of Incorporation.

Event	Date 2017
Record date for entitlement to redemption payment	31 October
Redemption date	31 October
Final Redemption proceeds credited to CREST accounts	14 November
Final Redemption proceeds dispatched to certificated holders	14 November

Accordingly, following their redemption, the 2017 ZDP Shares' admission to the Official List and their trading on the Main Market of the London Stock Exchange will be cancelled.

The Final Capital Entitlement of the 2017 ZDP Shares will be paid using cash on hand .  

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About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market.  The investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well-diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.  

ENQUIRIES:

FCF JPEL Management LLC

[e-mail]

 

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