Completion of December 2014 Share Conversion

RNS Number : 6432C

CVC Credit Partners European OpsLtd

20 January 2015

 



20 January 2015

CVC Credit Partners European Opportunities Limited

(a closed-ended investment company incorporated in Jersey with registration number 112635)

Registered Office: Liberté House, 19-23 La Motte Street, St Helier, Jersey JE2 4SY

Completion of December 2014 Share Conversion

The Company today announces the conversion of a number of Sterling Shares into Euro Shares (the "Conversion").

On the basis of the net asset values of the Company's shares as at 31 December 2014 (and using spot currency exchange rates as appropriate as at 31 December 2014), the conversion ratio, calculated in accordance with the Company's articles of incorporation, is as follows:

Sterling to Euro 1.293605

The Company received conversion notices in respect of 400,000 Sterling Shares, on this basis applications have been made for the admission of 517,442 Euro Shares to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market").

Application has also been made for the listing on the Official List and admission to the Main Market of 517,442 Euro Shares. It is expected that such applications will become effective and that dealings in the new Euro Shares will commence on 30 January 2015.

Following Conversion (which is expected to take place on 30 January 2015) the total number of voting rights in the Company will be announced on 30 January 2015.

Enquiries:

BNP Paribas Securities Services S.C.A. Jersey Branch

[phone]

Date:   20 January 2015

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 website at www.ccpeol.com

 

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