JZ Capital Ptnrs Ltd Transaction in Own Shares
15 September 2018 - 2:26AM
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
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: JZ Capital Partners Ltd
Date of 14/09/2018
purchase:
Number of ordinary shares 2,000
purchased:
Weighted average 459.00 pence
price:
Lowest price per 456.00 pence
share:
Highest price 460.00 pence
per share:
Volume weighted average price per ordinary share:
Trading venue: JPSI
Aggregate volume per date per 2,000
trading venue:
Weighted average price per day 459.00 pence
per trading venue:
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 +1 212 485 9410
Jordan/Zalaznick Advisers, Inc. dzalaznick@jzadvisersinc.com
Northern Trust International Fund Guernsey_Board_Relationship_Team@ntrs.com
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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