JPEL Private Equity Limited Timing of Retirement of 2017 ZDP Shares (4395T)
October 13 2017 - 1:00AM
UK Regulatory
TIDMJPEL
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
* * *
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 31 October
to redemption payment
============================ ============
Redemption date 31 October
============================ ============
Final Redemption proceeds 14 November
credited to CREST
accounts
============================ ============
Final Redemption proceeds 14 November
dispatched to certificated
holders
============================ ============
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 .
* * *
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
JPELClientService@fortress.com
This information is provided by RNS
The company news service from the London Stock Exchange
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