JPEL Private Equity Limited Retirement of 2017 ZDP Shares (5643W)
November 15 2017 - 4:11AM
UK Regulatory
TIDMJPEL
RNS Number : 5643W
JPEL Private Equity Limited
15 November 2017
JPEL Private Equity Limited
Ground Floor
Cambridge House
Le Truchot, St Peter Port
Guernsey, GY1 1WD
www.jpelonline.com
RETIREMENT OF 2017 ZERO DIVIDEND PREFERENCE SHARES
* * *
GUERNSEY, 15 NOVEMBER 2017
On 31 October 2017, JPEL's 2017 ZDP Shares (Ticker: JPSZ) were
successfully redeemed and cancelled in accordance with the
Company's Articles of Incorporation.
The Final Capital Entitlement of the 2017 ZDP Shares was
approximately GBP32.6 million at their final redemption date and
paid to shareholders on record on 31 October 2017. The redemption
was financed using cash on hand.
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 was cancelled on 31 October 2017.
* * *
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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