NB Private Equity Partners Limited Nbpe: Admission To Official List Of Ukla
May 02 2017 - 3:30AM
UK Regulatory
TIDMNBPE
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR
DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE
UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
NB Private Equity Partners Limited - Admission to Official List of UKLA
and to Trading on the Premium Segment of the Main Market of the London
Stock Exchange
2 May 2017
NB Private Equity Partners Limited ("NBPE" or the "Company"), a
closed-end private equity investment company announces that its Class A
Shares have today been admitted to the Official List of the UKLA and to
trading on the Premium Segment of the Main Market of the London Stock
Exchange ("Admission").
The Company's transition from the Specialist Fund Segment to the Premium
Segment is expected to broaden the appeal of the Class A Shares to a
wider range of investors, improve the Company's ability to market the
Class A Shares to retail investors (where appropriate), an increasingly
important source of demand for listed private equity funds, and improve
liquidity in the Class A Shares.
Furthermore, the Board has taken steps to facilitate the Company's
eligibility for inclusion in the FTSE UK Index Series, which would help
raise the Company's profile in the market. In particular, the Company's
market quote on the London Stock Exchange has been redenominated into
Sterling. There will be no changes to the legal form or nature of the
Class A Shares nor to the reporting currency of the Company's financial
statements (which will remain in US Dollars) as a result of the London
Stock Exchange market quote being in Sterling.
The Class A Shares will continue to be traded on Euronext Amsterdam in
US Dollars. The ISIN for the Class A Shares is unchanged (ISIN:
GG00B1ZBD492). The ticker on the London Stock Exchange will continue to
be "NBPE".
For further information, please contact:
NBPE Investor Relations +1 214 647 9593
Jefferies International Limited +44 207 029 8000
Stuart Klein
Heritage International Fund Managers Limited +44 1481 716000
Dwayne Mahrer
James Christie
ABOUT NB PRIVATE EQUITY PARTNERS LIMITED
NBPE is a closed-end private equity investment company with class A
ordinary shares admitted to trading on Euronext Amsterdam and, with
effect from today, the Premium Segment of the London Stock Exchange.
NBPE has 2017 ZDP shares admitted to trading on the Specialist Fund
Segment of the Main Market of the London Stock Exchange and the Daily
Official List of The Channel Islands Securities Exchange Authority
Limited and 2022 ZDP Shares admitted to trading on the Specialist Fund
Segment of the Main Market of the London Stock Exchange. NBPE holds a
diversified portfolio of direct equity investments, direct income
investments and fund investments selected by the NB Alternatives group
of Neuberger Berman, diversified across private equity asset class,
geography, industry, vintage year, and sponsor.
ABOUT NEUBERGER BERMAN
Neuberger Berman, founded in 1939, is a private, independent,
employee-owned investment manager. The firm manages equities, fixed
income, private equity and hedge fund portfolios for institutions and
advisors worldwide. With offices in 19 countries, Neuberger Berman's
team is more than 1,900 professionals and the company has been named by
Pensions & Investments as a Best Place to Work in Money Management for
four consecutive years. Tenured, stable and long-term in focus, the firm
fosters an investment culture of fundamental research and independent
thinking. It manages $255 billion in client assets as of December 31,
2016. For more information, please visit our website at www.nb.com.
This press release appears as a matter of record only and does not
constitute an offer to sell or a solicitation of an offer to purchase
any security.
NBPE is established as a closed-end investment company domiciled in
Guernsey. NBPE has received the necessary consent of the Guernsey
Financial Services Commission and the States of Guernsey Policy Council.
NBPE is registered with the Dutch Authority for the Financial Markets as
a collective investment scheme which may offer participations in The
Netherlands pursuant to article 2:66 of the Financial Markets
Supervision Act (Wet op het financial toezicht). All investments are
subject to risk. Past performance is no guarantee of future returns. The
value of investments may fluctuate. Results achieved in the past are no
guarantee of future results. This document is not intended to constitute
legal, tax or accounting advice or investment recommendations.
Prospective investors are advised to seek expert legal, financial, tax
and other professional advice before making any investment decision.
Statements contained in this document that are not historical facts are
based on current expectations, estimates, projections, opinions and
beliefs of NBPE's investment manager. Such statements involve known and
unknown risks, uncertainties and other factors, and undue reliance
should not be placed thereon. Additionally, this document contains
"forward-looking statements." Actual events or results or the actual
performance of NBPE may differ materially from those reflected or
contemplated in such targets or forward-looking statements.
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: NB Private Equity Partners Limited via Globenewswire
http://www.nbprivateequitypartners.com
(END) Dow Jones Newswires
May 02, 2017 04:30 ET (08:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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