JZ Capital Partners Ltd - Transaction in Own Shares

Date : 09/14/2018 @ 12:26PM
Source : PR Newswire (US)
Stock : JZ Capital Zdp (JZCN)
Quote : 371.0  0.0 (0.00%) @ 12:00AM
JZ Capital Zdp share price Chart

JZ Capital Partners Ltd - Transaction in Own Shares

JZ Capital Zdp (LSE:JZCN)
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3 Months : From Aug 2018 to Nov 2018

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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 3,775 ordinary shares, at a price of 459.00 per share. The Company intends to cancel all of the purchased shares and so, following the purchases, the  Company has 82,837,612 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: 14/09/2018
Number  of ordinary shares purchased: 2,000
Weighted  average price: 459.00 pence
Lowest price per share: 456.00 pence
Highest price per share: 460.00 pence
Volume weighted average price per  ordinary share:
Trading venue: JPSI
Aggregate volume per date per trading venue: 2,000
Weighted average price per  day per  trading venue: 459.00 pence

As a consequence of the above on-market purchases the Company also has made off-market repurchases of 1,775 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.

http://www.jzcp.com/investor-relations


For  further information:
David Zalaznick
Jordan/Zalaznick  Advisers, Inc.
+1 212 485 9410
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 r 14 PR Newswire

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