NBPE: Admission to Official List of UKLA
May 02 2017 - 4:30AM
THE INFORMATION CONTAINED HEREIN IS NOT FOR
RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA,
ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF
SUCH JURISDICTIONS
NB Private Equity Partners
Limited - Admission to Official List of UKLA and to Trading on the
Premium Segment of the Main Market of the London Stock
Exchange
2 May 2017
NB Private Equity Partners Limited
("NBPE" or the "Company"), a closed-end private equity investment
company announces that its Class A Shares have today been admitted
to the Official List of the UKLA and to trading on the Premium
Segment of the Main Market of the London Stock Exchange
("Admission").
The Company's transition from the
Specialist Fund Segment to the Premium Segment is expected to
broaden the appeal of the Class A Shares to a wider range of
investors, improve the Company's ability to market the Class A
Shares to retail investors (where appropriate), an increasingly
important source of demand for listed private equity funds, and
improve liquidity in the Class A Shares.
Furthermore, the Board has taken
steps to facilitate the Company's eligibility for inclusion in the
FTSE UK Index Series, which would help raise the Company's profile
in the market. In particular, the Company's market quote on the
London Stock Exchange has been redenominated into Sterling. There
will be no changes to the legal form or nature of the Class A
Shares nor to the reporting currency of the Company's financial
statements (which will remain in US Dollars) as a result of the
London Stock Exchange market quote being in Sterling.
The Class A Shares will continue
to be traded on Euronext Amsterdam in US Dollars. The ISIN for the
Class A Shares is unchanged (ISIN: GG00B1ZBD492). The ticker on the
London Stock Exchange will continue to be "NBPE".
For further
information, please contact:
NBPE Investor
Relations +1 214 647 9593
Jefferies
International Limited +44 207 029 8000
Stuart Klein
Heritage
International Fund Managers Limited +44 1481 716000
Dwayne Mahrer
James Christie
ABOUT NB PRIVATE
EQUITY PARTNERS LIMITED
NBPE is a closed-end private equity investment company with class A
ordinary shares admitted to trading on Euronext Amsterdam and, with
effect from today, the Premium Segment of the London Stock
Exchange. NBPE has 2017 ZDP shares admitted to trading on the
Specialist Fund Segment of the Main Market of the London Stock
Exchange and the Daily Official List of The Channel Islands
Securities Exchange Authority Limited and 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.
ABOUT NEUBERGER
BERMAN
Neuberger Berman, founded in 1939,
is a private, independent, employee-owned investment manager. The
firm manages equities, fixed income, private equity and hedge fund
portfolios for institutions and advisors worldwide. With offices in
19 countries, Neuberger Berman's team is more than 1,900
professionals and the company has been named by Pensions &
Investments as a Best Place to Work in Money Management for four
consecutive years. Tenured, stable and long-term in focus, the firm
fosters an investment culture of fundamental research and
independent thinking. It manages $255 billion in client assets as
of December 31, 2016. For more information, please visit our
website at www.nb.com.
This press
release appears as a matter of record only and does not constitute
an offer to sell or a solicitation of an offer to purchase any
security.
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. 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 investment decision.
Statements contained in this document that are not historical facts
are based on current expectations, estimates, projections, opinions
and beliefs of NBPE's investment manager. Such statements involve
known and unknown risks, uncertainties and other factors, and undue
reliance should not be placed thereon. Additionally, this document
contains "forward-looking statements." Actual events or results or
the actual performance of NBPE may differ materially from those
reflected or contemplated in such targets or forward-looking
statements.
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
Nb Private Equity Partners (LSE:NBPE)
Historical Stock Chart
From Apr 2024 to May 2024
Nb Private Equity Partners (LSE:NBPE)
Historical Stock Chart
From May 2023 to May 2024