JZ Capital Ptnrs Ltd Transaction in Own Shares - Replacement Announcement
14 September 2018 - 2:59AM
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
Transaction in Own Shares - REPLACEMENT ANNOUNCEMENT
The following announcement replaces the "Transaction in Own Shares"
announcement released on 13 September 2018 at 17:28. The only change is
the substitution of the aggregate volume per date per trading venue
figure of "2,000" with the figure '2,500'.
JZ Capital Partners Limited (the Company) announces today it has purchased a
total of 4,720 ordinary shares, at a price of 454.00 per share. The Company
intends to cancel all of the purchased shares and so, following the purchases,
the Company has 82,841,387 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 13/09/2018
purchase:
Number of ordinary shares 2,500
purchased:
Weighted average 454.00 pence
price:
Lowest price per 454.00 pence
share:
Highest price 454.00 pence
per share:
Volume weighted average price per ordinary share:
Trading venue: JPSI
Aggregate volume per date per 2,500
trading venue:
Weighted average price per day 454.00 pence
per trading venue:
As a consequence of the above on-market purchases the Company also has made
off-market repurchases of 2,220 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.
www.jzcp.com/investor-relations
For further information:
David Zalaznick +1 212 485 9410
Jordan/Zalaznick Advisers, Inc. dzalaznick@jzadvisersinc.com
Northern Trust International Guernsey_Board_Relationship_Team@ntrs.com
Fund Administration Services
(Guernsey) Limited
Company Secretary
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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