1st Nov 2007 08:37
Princess Private Equity Holding Ltd01 November 2007 Guernsey, 1 November 2007 Princess commences trading on the London Stock Exchange Princess Private Equity Holding Limited has been admitted to the Official Listand today commences trading on the London Stock Exchange (LSE) under the tickersymbol PEY. Urs Wietlisbach, Director of Princess, comments: "Together with our listingsponsor and financial adviser JPMorgan Cazenove we are delighted that Princessnow trades on the main market in London. The LSE listing will provide investorswith an additional venue to trade the Princess shares and we believe that itwill increase the company's visibility and expand its investor base. Through thelisting, Princess will gain access to the strong financial market in London andthe interest shown to private equity investment companies of this kind. Wetherefore anticipate a reduction of the discount to the net asset value at whichthe Princess shares have been trading. The maturity and quality of thediversified portfolio, which has led to the consistently strong performance, incombination with an attractive dividend yield allows Princess to clearlydifferentiate itself from its competitors." The Princess shares deliverable in the form of co-ownership interests in aglobal bearer certificate will continue to trade on the Frankfurt Stock Exchange(ticker symbol: PEY1). London Stock Exchange (Official List) Security: Ordinary shares ISIN: GG00B28C2R28 Trading symbol: PEY Frankfurt Stock Exchange (Official Market, Prime Standard) Security: Ordinary shares deliverable in the form of co-ownership interest in aglobal bearer certificate ISIN: DE00A0LBRM2 Trading symbol: PEY1 About Princess: Princess is an investment holding company founded in 1999 and domiciled inGuernsey that invests in private equity and private debt investments. TheCompany is advised in its investment activities by Partners Group, a globalalternative asset management firm with CHF 22bn (as of 30 June 2007) in privateequity, private debt, private real estate, listed alternative strategies, hedgefunds and alternative beta strategies under management. Princess aims to provideshareholders with long-term capital growth and an attractive dividend yield.Princess is currently traded on the Frankfurt Stock Exchange (Ticker symbol:PEY1) and on the London Stock Exchange (Ticker symbol PEY) with a marketcapitalization of approximately EUR 580m. Further information:www.princess-privateequity.net Contacts: Princess Private Equity Holding Limited: Brian Human Managing Director Phone: +44 1481 730 946 [email protected] www.princess-privateequity.net Media Relations and Partners Group: Tamara Krebs Communications Tel.: +41 41 768 85 26 [email protected] www.partnersgroup.net This document does not constitute an offer to sell or a solicitation of an offerto buy or subscribe for any securities of Princess Private Equity HoldingLimited or any Co-ownership Interests in any jurisdiction. No offer ofsecurities of Princess Private Equity Holding Limited or Co-ownership Interestsis being, or will be, made to the public. The distribution of this document maybe restricted by law in certain jurisdictions. Persons into whose possessionthis document comes must inform themselves about, and observe any suchrestrictions on the distribution of this document. In particular, this documentand the information contained therein is not for distribution or publication,neither directly nor indirectly, in or into the United States of America,Canada, Australia or Japan. Neither the Ordinary Shares nor the Co-ownership Interests have been and will beregistered under the United States Securities Act of 1933 as amended (the''Securities Act''), and, subject to certain exceptions, may not be offered orsold within the United States or to, or for the account or benefit of, USpersons (as such term is defined in the Regulation S under the Securities Act). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Partners Grp E