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IN BRIEF: JPEL Private Equity Completes Eighth Mandatory Redemption

30th Dec 2020 21:10

JPEL Private Equity Ltd - investment company focused on private equity partnerships and direct investments in Europe, North America and Asia - Completes partial mandatory redemption of its USD equity share class announced December 17, its eighth mandatory redemption. Redeems 46.6 million equity shares on pro rata basis at prevailing net asset value per USD equity share of USD1.61 as at October 31 before cancelling these shares. Following the redemption Chair Sean Hurst and directors Christopher Spencer and Tony Dalwood will hold 6,086, 7,343 and 31,191 USD equity shares respectively.

Current stock price: USD1.27

Year-to-date change: down 18%

By Anna Farley; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


Related Shares:

Jpel Priv Eqty
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