JZ Capital Partners Ltd - Transaction in Own Shares
June 13 2018 - 11:13AM
PR Newswire (US)
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 14,027 ordinary shares, at a price of
475.00 per share. The Company intends to cancel all of the
purchased shares and so, following the purchases, the Company
has 83,383,103 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 purchase: |
|
|
|
13/06/2018 |
|
|
Number of ordinary shares purchased: |
|
7,433 |
|
|
Weighted average price: |
|
|
475.00 |
pence |
|
Lowest price per
share: |
|
|
|
475.00 |
pence |
|
Highest price per
share: |
|
|
|
475.00 |
pence |
|
Volume
weighted average price per ordinary share: |
Trading venue: |
|
|
|
JPSI |
|
|
Aggregate
volume per date per trading venue: |
|
7,433 |
|
|
Weighted
average price per day per trading venue: |
|
475.00 |
pence |
|
As a consequence of the above on-market purchases the Company also
has made off-market repurchases of 6,594 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 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 |
|
|
Copyright e 13 PR Newswire
Jz Capital Partners (LSE:JZCP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Jz Capital Partners (LSE:JZCP)
Historical Stock Chart
From Apr 2023 to Apr 2024