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
8 June 2018
JZ Capital Partners Limited (the Company) announces today it is
purchasing a total of 10,378 ordinary shares of no par value in the
capital of the Company, at a price of 471.82
pence per share. The Company intends to cancel all of the
purchased shares and so, following the purchases, the Company will
have 83,670,716 ordinary shares in issue. The Company will not hold
any ordinary shares in Treasury.
The Company purchased yesterday the following number of its
ordinary shares on the London Stock Exchange through J.P. Morgan
Securities plc (the on-market purchases).
Ordinary Shares: |
JZ Capital Partners Ltd |
Date of purchase: |
07 June 2018 |
Number of ordinary shares
purchased: |
5,500 |
Lowest price per share: |
470.00 pence |
Highest price per share: |
472.00 pence |
Volume weighted average price per
ordinary share: |
471.82 pence |
Trading venue: |
XOFF |
Aggregate volume per date per
trading venue: |
5,500 |
Weighted average price per day per
trading venue: |
471.82 pence |
As a consequence of the above on-market purchases the Company is
also in the process of making off-market repurchases of 4,878
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 yesterday.
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 Services
(Guernsey) Limited
Company Secretary
Guernsey_Board_Relationship_Team@ntrs.com
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