JZ Capital Ptnrs Ltd Transaction in Own Shares
April 18 2018 - 2:00AM
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 141,512 ordinary shares, at a price of 490.00 per share. The Company
intends to cancel all of the purchased shares and so, following the purchases,
the Company has 83,718,831 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: 17/04/2018
Number of ordinary shares purchased: 75000
Lowest price per share: 490.00 pence
Highest price per share: 490.00 pence
Volume weighted average price per ordinary share:
Trading venue: JPSI
Aggregate volume per date per trading venue: 50,000
Weighted average price per day per trading venue: 490.00 pence
Trading venue: XOFF
Aggregate volume per date per trading venue: 25,000
Weighted average price per day per trading venue: 490.00 pence
As a consequence of the above on-market purchases the Company also has made
off-market repurchases of 66,512 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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