NB Private Equity Partners Ltd. — Major Shareholding Notification 2017

Jun 13, 2017

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii	NB Private Equity Partners Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights	X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii	ASSET VALUE INVESTORS LTD
4. Full name of shareholder(s) (if different from 3.):iv	1. Chase Nominees - 11429 2. Brown Brothers Harriman a/c - 6392013
5. Date of the transaction and date on which the threshold is crossed or reached: v	05 June 2017
6. Date on which issuer notified: 12 June 2017
7. Threshold(s) that is/are crossed or Below 5% reached: vi, vii

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of Situation previous shares to the triggering transaction		Resulting situation after the triggering transaction
if possible using the ISIN CODE	Number of	Number of	Number of shares	Number of voting rights		% of	voting rights x
	Shares	Voting Rights	Direct	Direct xi	Indirect xii	Direct	Indirect
A Shares GG00B1ZBD492	4,888,275	4,888,275	4,803,275		4,803,275		4.86%
B Shares	0	0	0		0		0
ZDP 2022 shares GG00BD0FRW63 Total	0 4,888,275	0 4,888,275	0		0 4,803,275		0 4.86%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date xiii	Exercise/ Conversion Period xiv	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date xvii	Exercise/ Conversion period xviii	Number of voting rights instrument refers to	% of voting rights xix, xx

		Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
4,803,275	4.86%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	Asset Value Investors acts as discretionary fund manager for all shares mentioned in item 8.
14. Contact name:	Asset Value Investors Limited Jake Crowhurst
15. Contact telephone number:	0207 659 4800

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in shares xxii

A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Asset Value Investors Limited
Contact address (registered office for legal entities)	25 Bury Street, London, SW1Y 6AL
Phone number & email	0207 659 4800 Jake.crowhurst@assetvalueinvestors.com
Other useful information (at least legal representative for legal persons)	Asset Value Investors acts as discretionary manager for all shares mentioned in item 8. This disclosure refers to the aggregation of those shares.

B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information