Sale of Treasury Shares

By

Regulatory News | 15 Jan, 2019

Updated : 14:10

RNS Number : 1679N
CVC Credit Partners European OpsLtd
15 January 2019
 

15 January 2019

 

 

CVC CREDIT PARTNERS EUROPEAN OPPORTUNITIES LIMITED
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP

 

Sale of Treasury Shares

 

 

CVC Credit Partners European Opportunities Limited (the "Company") is pleased to announce the sale of ordinary Euro and Sterling shares out of treasury (together the "Sales").

 

The ordinary Euro share sale raised gross proceeds of €210,240 through the sale of 200,000 shares at a price of €1.0512 per share.

 

The ordinary Sterling share sale raised gross proceeds of £326,370 through the sale of 300,000 ordinary Sterling shares at a price of £1.0879 per share.

 

The share price for both sales represents a premium to the net asset values for each class of the Company's shares as at 28 December 2018.

 

Following completion of the Sales on 17 January 2019, the Company's issued share capital (excluding treasury shares) will consist of:

 

126,030,138 ordinary Euro shares of no par value

343,432,066 ordinary Sterling shares of no par value

 

Each ordinary Euro share carries the right to 1 vote and each ordinary Sterling share carries the right to 1.17 votes.

 

The total number of voting rights of the ordinary Euro shares of no par value is 126,030,138 and of the ordinary Sterling shares of no par value is 401,815,517. The total number of voting rights in the Company will be 527,845,655. The Company will hold the following ordinary shares in treasury:

 

4,978,583 ordinary Euro shares of no par value (non-voting)

15,755,899 ordinary Sterling shares of no par value (non-voting)

 

ENQUIRIES

 

CVC Credit Partners European Opportunities Limited
Richard Boléat
+44 1534 625 522

 

Winterflood Securities Limited
Joe Winkley

Neil Morgan

+44 20 3100 0000

 

 

CVC Credit Partners European Opportunities Limited is regulated by the Jersey Financial Services Commission

 

A copy of this announcement is and will be available, subject to certain restrictions relating to persons resident in restricted jurisdictions for inspection on the Company's web site at www.ccpeol.com

 

 


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