Dividend Declaration

RNS Number : 2261G

JZ Capital Partners Ltd

09 May 2011

 



9 May 2011

JZ CAPITAL PARTNERS LIMITED
("JZCP") or ("the Company")

Dividend Declaration

The Board of JZ Capital Partners Limited ("JZCP") are pleased to recommend a Final Dividend in respect of the year ended 28 February 2011 of 7.5 cents per Ordinary share and to declare a Special Dividend of 2.0 cents per share.

For both dividends, the record and payment dates are respectively 3 June and 1 July 2011.

Therefore, subject to shareholder approval of the proposed Final Dividend, this brings total dividends in respect of the year ended 28 February 2011 to 24.5c per share (2010: 15.5c per share).

For further information:

Neil Doyle/ Ed Berry                                                   [phone] /7297
Financial Dynamics

David Zalaznick                                                           [phone]

Jordan/Zalaznick Advisers, Inc.                                              

Notes to editors:

About JZ Capital Partners

JZ Capital Partners Limited ("JZCP") is a closed ended investment company listed on the London Stock Exchange that seeks to create a portfolio of investments in businesses in the United States and Europe, providing a superior overall return, comprised of a current yield and significant capital appreciation.

JZCP's present investment strategies include microcap buyouts, mezzanine loans (sometimes with equity participations) and high yield securities, senior secured debt, and second lien loans and other debt and equity opportunities, including distressed debt and structured financings, derivatives and opportunistic purchase of publicly traded securities. 

The Company has no direct employees. Its investment adviser, Jordan/Zalaznick Advisers, Inc ("JZAI") receives a monthly management fee and may also be entitled to a performance-related fee. JZCP has no ownership interest in JZAI and is administered by Butterfield Fulcrum Group (Guernsey).

 

END

 

 

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