JZ Capital Ptnrs Ltd Transaction in Own Shares
June 20 2018 - 1:37PM
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 20,755 ordinary shares, at a price of 480.27 per share. The
Company intends to cancel all of the purchased shares and so, following the
purchases, the Company has 83,362,348 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 20/06/2018
purchase:
Number of ordinary shares 11,000
purchased:
Weighted average 480.27 pence
price:
Lowest price per 482.00 pence
share:
Highest price 482.00 pence
per share:
Volume weighted average price per ordinary share:
Trading venue: JPSI
Aggregate volume per date per 4,000
trading venue:
Weighted average price per day 482.00 pence
per trading venue:
Lowest price per 476.00 pence
share:
Highest price 484.00 pence
per share:
Trading venue: XOFF
Aggregate volume per date per 7,000
trading venue:
Weighted average price per day 479.29 pence
per trading venue:
As a consequence of the above on-market purchases the Company also has made
off-market repurchases of 9,755 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.
www.jzcp.com/investor-relations
For further information:
David Zalaznick +1 212 485 9410
Jordan/Zalaznick dzalaznick@jzadvisersinc.com
Advisers, Inc.
Northern Trust International Fund Guernsey_Board_Relationship_Team@ntrs.com
Administration 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 www.jzcp.com
information please visit
END
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