30th Jan 2015 10:09
LONDON (Alliance News) - JZ Capital Partners Ltd on Friday said it is convene an extraordinary general meeting to allow shareholders to vote on a proposed change to its investment policy.
JZ said in a statement it is "proposing that the company's investment policy is amended and restated in order to provide greater flexibility to invest in the most attractive investment opportunities as identified by the company's investment sdviser, Jordan/Zalaznick Advisers Inc."
It said under the restated policy, it would be able to invest in small or micro-cap buyouts, real estate or real estate-linked investments and debt and equity opportunities.
It will hold the EGM to vote on the proposals on February 26.
JZ shares were down 0.1% to 404.00 pence on Friday.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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