Sale of Treasury Shares (15)
Sale of Treasury Shares
RNS Number : 4434V
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP
CVC Credit Partners European Opportunities Limited (the "Company") is pleased to announce the sale of ordinary Sterling and Euro shares out of treasury.
The ordinary Sterling share sale raised gross proceeds of £1,233,650.00 through the sale of 1,100,000 shares at a price of £1.1215 per share
The ordinary Euro share sale raised gross proceeds of €878,160.00 through the sale of 800,000 shares at a price of €1.0977 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 20 October 2017, less the dividend declared on 24 October 2017 with an ex-dividend date of 2 November 2017. Settlement of both sales is expected to take place on or around 6 November 2017.
Following completion of the sales, the Company's issued share capital (excluding treasury shares) will consist of:
127,518,943 ordinary Euro shares of no par value
291,013,340 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 127,518,943 and of the ordinary Sterling shares of no par value is 340,485,607. The total number of voting rights in the Company will be 468,004,550. The Company will hold the following ordinary shares in treasury:
49,956,335 ordinary Euro shares of no par value (non-voting)
26,710,040 ordinary Sterling shares of no par value (non-voting)
Richard Boléat
Winterflood Securities Limited
Joe Winkley
Neil Morgan
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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