18 NOVEMBER
2020
JZ Capital Partners Limited
(the “Company”)
(a closed-end collective investment scheme incorporated as a
non-cellular company with limited liability under the laws of
Guernsey with registered number 48761)
LEI Number: 549300TZCK08Q16HHU44
Extraordinary
General Meeting
The Board of Directors of the Company is pleased to announce
that the Resolution proposed at the Extraordinary General Meeting
of the Company held today was duly passed without amendment by the
required majorities.
Further details of the Resolution are set out in the Circular
and Notice of Extraordinary General Meeting dated 29 October 2020, copies of which are available on
the National Storage Mechanism at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism. Defined
terms in this announcement shall, unless the context otherwise
requires, have the same meaning as used in the Circular.
Shareholders should note that the approval of the Resolution by
the Shareholders of the Company represents the satisfaction of one
of the conditions to which the Secondary Sale was subject. There
are however a small number of standard conditions precedent that
are required to be satisfied before completion of the Secondary
Sale can occur. It is anticipated that these outstanding conditions
precedent will be satisfied, and accordingly the Secondary Sale is
expected to complete, on or around 4
December 2020. The Company will provide a further update to
the market in due course once completion of the Secondary Sale has
taken place.
For information, the following proxy votes (which should be read
alongside the Notice of Extraordinary General Meeting) were
received prior to the Extraordinary General Meeting:
|
Votes for |
Discretionary
(voted for) |
Percentage of
votes cast for and discretionary |
Votes
against |
Percentage of votes
cast against |
Votes
withheld |
Resolution |
49,356,267 |
128 |
99.98% |
10,780 |
0.02% |
2,314 |
Note - A vote withheld is not a vote in law
and has not been counted in the votes for and against a
resolution.
For further information:
Ed Berry
/ Kit Dunford
FTI Consulting |
+44 (0) 20 3727 1046 /
1143 |
David
Zalaznick
Jordan/Zalaznick Advisers, Inc. |
+1 (212) 485 9410 |
Sam Walden
Northern Trust International Fund Administration
Services (Guernsey) Limited |
+44 (0) 1481 745001 |
Important Notice
This announcement includes statements that are, or may be deemed
to be, "forward-looking statements". These forward-looking
statements can be identified by the use of forward-looking
terminology, including the terms "believes", "estimates",
"anticipates", "expects", "intends", "may", "will" or "should" or,
in each case, their negative or other variations or comparable
terminology. These forward-looking statements relate to matters
that are not historical facts. By their nature, forward-looking
statements involve risks and uncertainties because they relate to
events and depend on circumstances that may or may not occur in the
future. Forward-looking statements are not guarantees of future
performance. The Company's actual investment performance, results
of operations, financial condition, liquidity, policies and the
development of its strategies may differ materially from the
impression created by the forward-looking statements contained in
this announcement. In addition, even if the investment performance,
result of operations, financial condition, liquidity and policies
of the Company and development of its strategies, are consistent
with the forward-looking statements contained in this announcement,
those results or developments may not be indicative of results or
developments in subsequent periods. These forward-looking
statements speak only as at the date of this announcement. Subject
to their legal and regulatory obligations, each of the Company, the
Investment Adviser and their respective affiliates expressly
disclaims any obligations to update, review or revise any
forward-looking statement contained herein whether to reflect any
change in expectations with regard thereto or any change in events,
conditions or circumstances on which any statement is based or as a
result of new information, future developments or otherwise.
END