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Capital Partners S.A.
Transaction in Own Shares • Jan 10, 2019
5550_rns_2019-01-10_84d52d68-0e94-4a39-a446-fb9f4dfa05e1.html
Transaction in Own Shares
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JZ Capital Partners Ltd - Transaction in Own Shares
PR Newswire
London, January 10
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 that on the 9th January 2019 it purchased a total of 1,087,832 ordinary shares, at a price of 444.00 per share. The Company intends to cancel all of the purchased shares and so, following the purchases, the Company has 80,666,838 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: Date of purchase: |
JZ Capital Partners Ltd 09/01/2019 |
|
| Number of ordinary shares purchased: | 541,000 | |
| Weighted average price: | 444.00 | pence |
| Lowest price per share: | 444.00 | pence |
| Highest price per share: | 444.00 | pence |
| Volume weighted average price per ordinary share: | ||
| Trading venue: | JPSI | |
| Aggregate volume per date per trading venue: | 541,000 | |
| Weighted average price per day per trading venue: | 444.00 | pence |
As a consequence of the above on-market purchases the Company also has made off-market repurchases of 546,832 ordinary shares (the off-market purchases) from David W. Zalaznick, John (Jay) W. Jordan II,
Edgewater Growth Capital Partners and Leucadia Financial Corporation 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 the 9th January 2019..
http://www.jzcp.com/investor-relations
For further information:
David Zalaznick +1 212 485 9410
Jordan/Zalaznick Advisers, Inc. [email protected]
Northern Trust International 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
