Net Asset Value and Announcement of Share Buy Back
Updated : 07:04
EPE Special Opportunities Limited
Net Asset Value and Announcement of Share Buy Backs
The Directors of EPE Special Opportunities Limited ("ESO" or the "Company") wish to announce that the Net Asset Value of the Company at 31 May 2019 was 272.02 pence per ordinary share.
ESO also announces its intention to commence purchases of ordinary shares of the Company ("Ordinary Shares") ("Share Buy Backs"), subject to availability on attractive terms. The transactions will be in line with the Company's stated policy to pursue Share Buy Backs.
The proposed Share Buy Backs will be funded by the Company's cash reserves. The purchased Ordinary Shares will be held by the Company in treasury. Any Share Buy Backs are likely to exceed 25 per cent of the average daily volume in the Ordinary Shares.
The proposed Share Buy Backs will be effected on behalf of the Company by its broker, Numis Securities Limited, and will commence from today. Any Share Buy Backs will be made in accordance with the terms set out in the notice made at the Company's annual general meeting held on 24 July 2018.
The person responsible for releasing this information on behalf of the Company is Hilary Jones of R&H Fund Services (Jersey) Limited.
Enquiries:
EPIC Private Equity LLP | +44 (0) 207 269 8865 Alex Leslie |
R&H Fund Services (Jersey) Limited | +44 (0) 1534 825 323 Hilary Jones |
Cardew Group Limited | +44 (0) 207 930 0777 Richard Spiegelberg |
Numis Securities Limited | +44 (0) 207 260 1000 |
Nominated Advisor: | Stuart Skinner / Hugh Jonathan |
Corporate Broker: | Charles Farquhar |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.