The information contained in this announcement is
restricted and is not for publication, release or distribution, in
whole or in part, directly or indirectly, to any US Persons (as
defined below) or in or into the United States of America, any
member states of the European Economic Area (other than the
Netherlands and the United Kingdom), Canada, Australia, Japan or
South Africa or any other jurisdiction, or to any other person,
where to do so would constitute a violation of applicable law.
NBPE Announces Publication of ZDP
Prospectus
8 May 2018
Further to the announcement on 4
May 2018 of the potential issuance of 2024 ZDP Shares, NB Private
Equity Partners Limited ("NBPE" or the
"Company"), a closed-end private equity
investment company, announces that it today published a prospectus
(the "Prospectus") containing full details of
the issue of up to 50 million new 2024 zero dividend preference
shares ("2024 ZDP Shares") by way of an
Initial Placing and Offer for Subscription of 2024 ZDP Shares.
The Prospectus has been approved
by the Netherlands Authority for the Financial Markets (Autoriteit
Financiële Markten). Copies of the Prospectus will made available
shortly on the Company's website at www.nbprivateequitypartners.com
and on the National Storage Mechanism at
http://www.morningstar.co.uk/uk/NSM.
Capitalised terms used but not
defined in this announcement shall, unless the context requires
otherwise, have the same meaning as in the Prospectus.
For further
information, please contact:
NBPE
Investor
Relations
+1 214 647 9593
Stifel Nicolaus Europe
Limited
Neil Winward
Mark Bloomfield
Tom Yeadon |
+44 20 7710 7600
|
Estera International Fund Managers (Guernsey)
Limited
Dwayne Mahrer
James Christie |
+44 1481 742742
|
Neustria
Partners
+44 20 3021 2580
Nick Henderson
Nick.Henderson@neustriapartners.com
Robert Bailhache
Robert.Bailhache@neustriapartners.com
Charles
Gorman
Charles.Gorman@neustriapartners.com
ABOUT NB PRIVATE
EQUITY PARTNERS LIMITED
NBPE is a closed-end private equity investment company with class A
ordinary shares admitted to trading on the Premium Segment of the
Main Market of the London Stock Exchange and Euronext Amsterdam.
NBPE has 2022 ZDP Shares admitted to trading on the Specialist Fund
Segment of the Main Market of the London Stock Exchange. NBPE holds
a diversified portfolio of direct equity investments, direct income
investments and fund investments selected by the NB Alternatives
group of Neuberger Berman, diversified across private equity asset
class, geography, industry, vintage year, and sponsor.
LEI number:
213800UJH93NH8IOFQ77
ABOUT NEUBERGER
BERMAN
Neuberger Berman, founded in 1939,
is a private, independent, employee-owned investment manager. The
firm manages a range of strategies-including equity, fixed income,
quantitative and multi-asset class, private equity and hedge
funds-on behalf of institutions, advisors and individual investors
globally. With offices in 20 countries, Neuberger Berman's team is
more than 1,900 professionals. For four consecutive years, the
company has been named first or second in Pensions &
Investments Best Places to Work in Money Management survey (among
those with 1,000 employees or more). Tenured, stable and long-term
in focus, the firm fosters an investment culture of fundamental
research and independent thinking. It manages $299 billion in
client assets as of March 31, 2018. For more information, please
visit our website at www.nb.com.
IMPORTANT
NOTICES
This statement is
made pursuant to article 5:25e of the Dutch Financial Supervision
Act (Wet op het financieel toezicht) which requirement stems from
the EU Transparency Directive. Pursuant to article 5:25e and
article 5:25m of the Dutch Financial Supervision Act this Interim
Management Statement has been made generally available by means of
a press release and by publication on NBPE's website
(www.nbprivateequitypartners.com) and has been filed with the
Netherlands Authority for the Financial Markets (Autoriteit
Financiële Markten).
This press
release appears as a matter of record only and does not constitute
an offer or invitation to sell or a solicitation of an offer to
purchase any security, or otherwise engage in an investment
activity. Past performance is not a reliable indicator of current
of future results. The value of investments may go down as well as
up and investors may not get back any of the amount
invested.
In accordance
with the Regulation (EU) No 1286/2014 of the European Parliament
and of the Council of 26 November 2014 on key information documents
for packaged retail and insurance-based investment products
("PRIIPs") and its implementing and delegated acts (the "PRIIPs
Regulation"), NBAA has prepared a key information document (the
"KID") in respect of the 2024 ZDP Shares. The KID is made available
by NBAA to "retail investors" prior to them making an investment
decision in respect of the 2024 ZDP Shares at www.nbprivateequitypartners.com.
If you are
distributing 2024 ZDP Shares, it is your responsibility to ensure
that the KID is provided to any clients that are "retail
clients".
The Company and NBAA are
co-manufacturers of the 2024 ZDP Shares for the purposes of the
PRIIPs Regulation of Stifel is not a manufacturer for these
purposes. Stifel makes no representations, express or implied, nor
accepts any responsibility whatsoever for the contents of the KID
prepared by NBAA nor accepts any responsibility to update the
contents of the KID in accordance with the PRIIPs Regulation, to
undertake any review processes in relation thereto or to provide
the KID to future distributors of the 2024 ZDP Shares. Stifel and
its affiliates accordingly disclaim all and any liability whether
arising in tort or contract or otherwise which it or they might
have in respect of the key information documents prepared by NBAA
or the Company. Investors should note that the procedure for
calculating the risks, costs and potential returns in the KID are
prescribed by laws. The figures in the KID may not reflect actual
returns for the Company and anticipated performance returns cannot
be guaranteed.
NBPE is
established as a closed-end investment company domiciled in
Guernsey. NBPE has received the necessary consent of the Guernsey
Financial Services Commission and the States of Guernsey Policy
Council. NBPE is registered with the Dutch Authority for the
Financial Markets as a collective investment scheme which may offer
participations in The Netherlands pursuant to article 2:66 of the
Financial Markets Supervision Act (Wet op het financial
toezicht).
All investments are subject to
risk. Past performance is no guarantee of future returns. The value
of investments may fluctuate. Results achieved in the past are no
guarantee of future results. There can be no assurance that the
final capital entitlement will be repaid in full on the 2024 ZDP
Repayment Date. This document is not intended to constitute legal,
tax or accounting advice or investment recommendations. Prospective
investors are advised to seek expert legal, financial, tax and
other professional advice before making any
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: NB Private Equity Partners Limited via
Globenewswire
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