JZ Capital Ptnrs Ltd Transaction in Own Shares
June 07 2018 - 5:52AM
UK Regulatory
TIDMJZCP TIDMJZCC TIDMJZCN
JZ CAPITAL PARTNERS LIMITED (the "Company" or "JZCP")
(a closed-ended investment company incorporated with limited liability under
the laws of Guernsey with registered number 48761)
LEI 549300TZCK08Q16HHU44
JZ Capital Partners Limited (the Company) announces today it has purchased a
total of 37,737 ordinary shares, at a price of 469.50 per share. The
Company intends to cancel all of the purchased shares and so, following the
purchases, the Company has 83,681,094 ordinary shares in issue. The Company
does not hold any ordinary shares in Treasury.
The Company purchased the following number of its ordinary shares of no par
value in the capital of the Company on the London Stock Exchange through J.P.
Morgan Securities plc (the on-market purchases).
Ordinary Shares: JZ Capital Partners Ltd
Date of purchase: 06/06/2018
Number of ordinary shares purchased: 20000
Weighted average price: 469.50 pence
Lowest price per share: 470.00 pence
Highest price per share: 470.00 pence
Volume weighted average price per ordinary
share: Trading venue: JPSI
Aggregate volume per date per trading venue: 15,000
Weighted average price per day per trading 470.00 pence
venue:
Lowest price per share: 468.00 pence
Highest price per share: Trading venue: 468.00 pence
Aggregate volume per date per trading venue: XOFF 5,000
Weighted average price per day per trading 468.00 pence
venue:
As a consequence of the above on-market purchases the Company also has made
off-market repurchases of 17,737 ordinary shares (the off-market purchases)
from David W. Zalaznick, John (Jay) W. Jordan II and Edgewater Growth Capital
Partners, in proportion with their current holdings of ordinary shares in the
Company pursuant to and in accordance with the Company's Articles of
Incorporation. The off-market purchases will be executed at the CFC Buyback
Arrangement Price (as defined in the Company's Circular to shareholders dated
20 April 2017) which is equal to the volume weighted average price per ordinary
share repurchased by J.P Morgan Securities Plc pursuant to the on-market
purchases during the course of today.
http://www.jzcp.com/investor-relations
For further information:
David Zalaznick
+1 212 485 9410
Jordan/Zalaznick Advisers, Inc.
dzalaznick@jzadvisersinc.com
Northern Trust International Fund Administration
Guernsey_Board_Relationship_Team@ntrs.com
Services (Guernsey) Limited
Company Secretary
About JZCP
JZ Capital Partners ("JZCP") is one of the oldest closed-end investment
companies listed on the London Stock Exchange. It seeks to provide shareholders
with a return by investing selectively in US and European microcap companies
and US real estate. JZCP receives investment advice from Jordan/Zalaznick
Advisers, Inc. ("JZAI") which is led by David Zalaznick and Jay Jordan. They
have worked together for more than 35 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 microcap companies to help build
better businesses, create value and
deliver strong returns for investors. For more information please visit
www.jzcp.com
END
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