Results of First General Meeting

RNS Number : 7956G

JZ Capital Partners Ltd

03 July 2012

 



JZ Capital Partners Limited

Results of First General Meeting

3 July 2012

The Board of Directors of JZ Capital Partners Limited ('JZCP' or the 'Company') is pleased to announce that the resolution (the 'Resolution') proposed at the first general meeting of the Company at 10.30 a.m. today (the 'First GM') to approve the proposed conversion of all of the Limited Voting Ordinary Shares into Ordinary Shares on the basis that one Limited Voting Ordinary Share would convert into one Ordinary Share was duly passed without amendment by the required majority on a show of hands.

Further details of the Resolution are set out in a circular published by JZCP on 18 May 2012 (the 'Circular'). Unless otherwise stated, defined terms used in this announcement have the same meaning as is given to them in the Circular.

Proxy appointments in relation to the Resolution were received in respect of 27,699,369 Limited Voting Ordinary Shares and 23,970,522 Ordinary Shares. Details of the proxy votes received in relation to the Resolution are as follows:

	Votes For	% of Votes For	Votes Against	% of Votes Against	Votes Withheld	% of Votes Withheld
Resolution	50,034,164	96.83	1,580,606	3.06	55,121	0.11

The Board is also please to announce that the resolution proposed at the separate class meeting of the holders of Limited Voting Ordinary Shares at 10.00 a.m. today was duly passed without amendment by the required majority.

For further information:

William Simmonds                                                                     [phone]

J.P. Morgan Cazenove

Neil Doyle/ Ed Berry                                                                   [phone] /7297
FTI Consulting

David Zalaznick                                                                          [phone]         
Jordan/Zalaznick Advisers, Inc.

About JZCP

JZCP is a London listed private equity fund which invests in high quality US and European micro cap companies. Our objective is to achieve a superior overall return comprised of a current yield and significant capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc ("JZAI") which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI's experts work with the existing management of micro cap companies to help build better businesses, create value and deliver strong returns to our investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities. For more information please visit our website at www.jzcp.com.

 

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