JMP Group Announces Results of Self-Tender Offer
June 18 2019 - 6:45AM
Business Wire
JMP Group LLC (NYSE: JMP), an investment banking and alternative
asset management firm, today announced the final results of its
previously announced tender offer to purchase up to 3,000,000
shares representing limited liability company interests in JMP
Group (the “Shares”) at a purchase price per Share of $3.95. The
tender offer expired at 11:59 p.m. New York City time on June 13,
2019. JMP Group has accepted for purchase 1,816,732 Shares at a
purchase price per Share of $3.95.
JMP Group is purchasing the Shares, which represent
approximately 8.6 percent of its outstanding Shares as of June 13,
2019, at a total cost of $7,176,091.40, excluding the fees and
expenses relating to the tender offer.
The company retained JMP Securities LLC as the dealer manager
for the tender offer and D.F. King & Co., Inc. as the
information agent.
Questions regarding the tender offer should be directed to D.F.
King & Co., Inc. by telephone at (800) 622-1569 (toll-free) or
by email at jmp@dfking.com.
About JMP Group
JMP Group LLC is a diversified capital markets firm that
provides investment banking, equity research, and sales and trading
services to corporate and institutional clients as well as
alternative asset management products and services to institutional
and high-net-worth investors. JMP Group conducts its investment
banking and research, sales and trading activities through JMP
Securities; its hedge fund, venture capital and private capital
activities through Harvest Capital Strategies and JMP Asset
Management; and the management of Harvest Capital Credit
Corporation (NASDAQ: HCAP), a business development company, through
HCAP Advisors. For more information, visit www.jmpg.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190618005152/en/
Investor Relations ContactJMP Group LLC
Andrew Palmer(415) 835-8978apalmer@jmpg.com
Media Relations ContactsDukas Linden Public Relations,
Inc.
Zach Leibowitz(646) 722-6528zach@dlpr.com
Alyssa Noud(646) 722-6525alyssa@dlpr.com
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