JZ Capital Ptnrs Ltd Transaction in Own Shares
June 08 2018 - 2:02AM
UK Regulatory
TIDMJZCP TIDMJZCC 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
8 June 2018
JZ Capital Partners Limited (the Company) announces today it is purchasing a
total of 10,378 ordinary shares of no par value in the capital of the Company,
at a price of 471.82 pence per share. The Company intends to cancel all of the
purchased shares and so, following the purchases, the Company will have
83,670,716 ordinary shares in issue. The Company will not hold any ordinary
shares in Treasury.
The Company purchased yesterday the following number of its ordinary shares on
the London Stock Exchange through J.P. Morgan Securities plc (the on-market
purchases).
Ordinary Shares: JZ Capital Partners Ltd
Date of purchase: 07 June 2018
Number of ordinary shares purchased: 5,500
Lowest price per share: 470.00 pence
Highest price per share: 472.00 pence
Volume weighted average price per 471.82 pence
ordinary share:
Trading venue: XOFF
Aggregate volume per date per trading 5,500
venue:
Weighted average price per day per 471.82 pence
trading venue:
As a consequence of the above on-market purchases the Company is also in the
process of making off-market repurchases of 4,878 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 yesterday.
http://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
END
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