Transaction in Own Shares

RNS Number : 6633N

J.P. Morgan Private Equity Ltd

05 September 2011

 



J.P. MORGAN PRIVATE EQUITY LIMITED ANNOUNCES
TRANSACTION IN ITS OWN SHARES

5 September 2011

J.P. Morgan Private Equity Limited (the "Company") announces that on 5 September 2011 it has purchased into treasury the following shares: 350,000 US$ Equity Shares at a price of US$ 0.9975 per Share.  

The open market purchase will be accretive to the Company's current NAV of $1.34 per US$ Equity Share at 30 June 2011. 

Following this purchase the Company has 355,389,443 US$ Equity Shares in issue.

ENQUIRIES  

J.P. Morgan Private Equity Limited 

Troy Duncan: Tel (Direct): [phone] ([e-mail])

Gregory Getschow: Tel (Direct): [phone] ([e-mail])

Rosemary DeRise: Tel (Direct): [phone] ([e-mail])

Samantha Ladd: Tel (Direct): [phone] ([e-mail])

Peregrine Communications

Anthony Payne:  Tel (Direct): [phone] ([e-mail])

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About J.P. Morgan Private Equity Limited

J.P. Morgan Private Equity Limited is a Guernsey registered and incorporated closed-ended investment company and is designed primarily to invest in the global private equity market. The Company's issued share capital has been admitted to listing on the premium segment and the standard segment (as appropriate) of the Official List and admitted to trading on the main market of the London Stock Exchange (LSE:JPEL, JPEZ, JPZZ, JPWW). In summary, 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.

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