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: |
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JZ Capital Partners Ltd |
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| Date of purchase: |
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14/09/2018 |
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Number of ordinary shares purchased: |
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2,000 |
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Weighted average price: |
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459.00 |
pence |
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| Lowest price per
share: |
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456.00 |
pence |
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| Highest price per
share: |
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460.00 |
pence |
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| Volume
weighted average price per ordinary share: |
| Trading venue: |
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JPSI |
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| Aggregate
volume per date per trading venue: |
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2,000 |
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| Weighted
average price per day per trading venue: |
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459.00 |
pence |
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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 |
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