JZ Capital Ptnrs Ltd Net Asset Value(s)

 
TIDMJZCP 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 
 
                        Monthly Net Asset Value ("NAV") 
 
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET 
ABUSE REGULATION (EU) NO. 596/2014, WHICH FORMS PART OF UK LAW BY VIRTUE OF THE 
EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"). 
 
20 March 2023 
 
The unaudited Net Asset Value per Ordinary Share of the Company as at the close 
of business on 28 February 2023 was as follows: 
 
Company Name             Date                 NAV per Ordinary Share 
 
JZ Capital Partners      28 February 2023     US$ 4.08 
Limited 
 
The Company's annual results are currently being audited and the above NAV is 
therefore subject to change. 
 
JZCP's NAV at 28 February 2023 is $4.08 per share ($4.36 per share at 31 
January 2023), the decrease in NAV of 28 cents per share is due to net 
investment losses of (24) cents, net fx losses of (3) cents and expenses and 
finance costs of (2) cents offset by income of 1 cent. The main constituent 
part of the net investment losses of (24) cents is the write-off of the 
principal balance of the Company's direct loan to Toro Finance from ?22.0 
million to ?1.4 million (representing a reduction of -6.4% of the Company's 
January NAV). Toro Finance is a Spanish company that forms part of the 
Company's European debt investments which provides short term receivables 
finance to the suppliers of major Spanish companies. 
 
Below is a summary of the Company's assets and liabilities at 28 February 2023: 
 
 
                                                                    US$'000 
 
Assets 
 
Private Investments                                                 258,530 
 
Cash and cash equivalents                                           101,659 
 
Other receivables                                                       222 
 
 
Total Assets                                                        360,411 
 
Liabilities 
 
Senior debt - maturity date 26th January 2027                        43,235 
 
Other liabilities                                                    764 
 
 
Total liabilities                                                    43,999 
 
Net Asset Value                                                     316,412 
 
Number of Ordinary shares in issue                               77,477,214 
 
Net Asset Value per Ordinary share                                    $4.08 
 
Market Abuse Regulation 
 
The information contained within this announcement is considered by the Company 
to constitute inside information as stipulated under MAR. Upon the publication 
of this announcement, this inside information is now considered to be in the 
public domain. 
 
The person responsible for arranging the release of this announcement on behalf 
of the Company is David Macfarlane, Chairman of JZCP. 
 
Enquiries: 
Company website:         www.jzcp.com 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Email:               jzcp@ntrs.com 
 
 
 
END

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March 20, 2023 12:26 ET (16:26 GMT)

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