NB Private Equity Partners Limited Publication Of Zdp Prospectus
08 May 2018 - 11:14PM
UK Regulatory
TIDMNBPE
The information contained in this announcement is restricted and is not
for publication, release or distribution, in whole or in part, directly
or indirectly, to any US Persons (as defined below) or in or into the
United States of America, any member states of the European Economic
Area (other than the Netherlands and the United Kingdom), Canada,
Australia, Japan or South Africa or any other jurisdiction, or to any
other person, where to do so would constitute a violation of applicable
law.
NBPE Announces Publication of ZDP Prospectus
8 May 2018
Further to the announcement on 4 May 2018 of the potential issuance of
2024 ZDP Shares, NB Private Equity Partners Limited ("NBPE" or the
"Company"), a closed-end private equity investment company, announces
that it today published a prospectus (the "Prospectus") containing full
details of the issue of up to 50 million new 2024 zero dividend
preference shares ("2024 ZDP Shares") by way of an Initial Placing and
Offer for Subscription of 2024 ZDP Shares.
The Prospectus has been approved by the Netherlands Authority for the
Financial Markets (Autoriteit Financiële Markten). Copies of the
Prospectus will made available shortly on the Company's website at
www.nbprivateequitypartners.com and on the National Storage Mechanism at
http://www.morningstar.co.uk/uk/NSM.
Capitalised terms used but not defined in this announcement shall,
unless the context requires otherwise, have the same meaning as in the
Prospectus.
For further information, please contact:
NBPE Investor Relations +1 214 647
9593
Stifel Nicolaus Europe Limited
Neil Winward
Mark Bloomfield
Tom Yeadon +44 20 7710 7600
Estera International Fund Managers (Guernsey) Limited
Dwayne Mahrer
James Christie +44 1481 742742
Neustria Partners +44 20 3021 2580
Nick Henderson Nick.Henderson@neustriapartners.com
Robert Bailhache Robert.Bailhache@neustriapartners.com
Charles Gorman Charles.Gorman@neustriapartners.com
ABOUT NB PRIVATE EQUITY PARTNERS LIMITED
NBPE is a closed-end private equity investment company with class A
ordinary shares admitted to trading on the Premium Segment of the Main
Market of the London Stock Exchange and Euronext Amsterdam. NBPE has
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.
LEI number: 213800UJH93NH8IOFQ77
ABOUT NEUBERGER BERMAN
Neuberger Berman, founded in 1939, is a private, independent,
employee-owned investment manager. The firm manages a range of
strategies-including equity, fixed income, quantitative and multi-asset
class, private equity and hedge funds-on behalf of institutions,
advisors and individual investors globally. With offices in 20 countries,
Neuberger Berman's team is more than 1,900 professionals. For four
consecutive years, the company has been named first or second in
Pensions & Investments Best Places to Work in Money Management survey
(among those with 1,000 employees or more). Tenured, stable and
long-term in focus, the firm fosters an investment culture of
fundamental research and independent thinking. It manages $299 billion
in client assets as of March 31, 2018. For more information, please
visit our website at www.nb.com.
IMPORTANT NOTICES
This statement is made pursuant to article 5:25e of the Dutch Financial
Supervision Act (Wet op het financieel toezicht) which requirement stems
from the EU Transparency Directive. Pursuant to article 5:25e and
article 5:25m of the Dutch Financial Supervision Act this Interim
Management Statement has been made generally available by means of a
press release and by publication on NBPE's website
(www.nbprivateequitypartners.com) and has been filed with the
Netherlands Authority for the Financial Markets (Autoriteit
Financiële Markten).
This press release appears as a matter of record only and does not
constitute an offer or invitation to sell or a solicitation of an offer
to purchase any security, or otherwise engage in an investment activity.
Past performance is not a reliable indicator of current of future
results. The value of investments may go down as well as up and
investors may not get back any of the amount invested.
In accordance with the Regulation (EU) No 1286/2014 of the European
Parliament and of the Council of 26 November 2014 on key information
documents for packaged retail and insurance-based investment products
("PRIIPs") and its implementing and delegated acts (the "PRIIPs
Regulation"), NBAA has prepared a key information document (the "KID")
in respect of the 2024 ZDP Shares. The KID is made available by NBAA to
"retail investors" prior to them making an investment decision in
respect of the 2024 ZDP Shares at www.nbprivateequitypartners.com.
If you are distributing 2024 ZDP Shares, it is your responsibility to
ensure that the KID is provided to any clients that are "retail
clients".
The Company and NBAA are co-manufacturers of the 2024 ZDP Shares for the
purposes of the PRIIPs Regulation of Stifel is not a manufacturer for
these purposes. Stifel makes no representations, express or implied, nor
accepts any responsibility whatsoever for the contents of the KID
prepared by NBAA nor accepts any responsibility to update the contents
of the KID in accordance with the PRIIPs Regulation, to undertake any
review processes in relation thereto or to provide the KID to future
distributors of the 2024 ZDP Shares. Stifel and its affiliates
accordingly disclaim all and any liability whether arising in tort or
contract or otherwise which it or they might have in respect of the key
information documents prepared by NBAA or the Company. Investors should
note that the procedure for calculating the risks, costs and potential
returns in the KID are prescribed by laws. The figures in the KID may
not reflect actual returns for the Company and anticipated performance
returns cannot be guaranteed.
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. There can be no
assurance that the final capital entitlement will be repaid in full on
the 2024 ZDP Repayment Date. 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
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
http://www.nbprivateequitypartners.com
(END) Dow Jones Newswires
May 08, 2018 09:14 ET (13:14 GMT)
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