15th Dec 2021 07:00
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY MEMBER STATE OF THE EEA OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
15 December 2021
EPE Special Opportunities Limited
Result of ZDP Share Placing
Further to its announcement on 2 December 2021, EPE Special Opportunities Limited (the "Company") is pleased to announce that it has raised gross proceeds of £20.0 million pursuant to a placing (the "Placing") of 20,000,000 zero dividend preference shares ("ZDP Shares") at a price of £1.00 per ZDP Share (the "Placing Price") as detailed in the Company's Prospectus.
The ZDP Shares have a life of 5 years and a Final Capital Entitlement of 129.14 pence per ZDP Share on the ZDP Repayment Date, equivalent to a Gross Redemption Yield of 5.25 per cent. per annum on the Placing Price.
Admission and dealings
Application will be made for 20,000,000 ZDP Shares to be admitted to the London Stock Exchange's Main Market (standard listing segment) ("Admission"). It is expected that Admission will become effective and dealings will commence at 8.00 a.m. on 17 December 2021. The ZDP Shares ISIN number is BMG3163K1137, the SEDOL number is BMFSHK1 and the ticker symbol is ESOZ. New share certificates in respect of the certified ZDP Shares will be issued as soon as practicable following admission.
A copy of the Prospectus will be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website: www.epespecialopportunities.com.
Terms used but not defined in this announcement shall have the meanings given to such terms in the Prospectus.
The person responsible for releasing this information on behalf of the Company is Amanda Robinson of Langham Hall Fund Management (Jersey) Limited.
Enquiries:
Liberum Capital Limited | +44 (0) 20 3100 2000 |
Financial Adviser and Sole Bookrunner | Chris Clarke / Darren Vickers / Owen Matthews |
EPIC Investment Partners LLP | +44 (0) 207 269 8865 Alex Leslie |
Langham Hall Fund Management (Jersey) Limited
|
+44 (0) 153 488 5200 Amanda Robinson
|
Cardew Group Limited | +44 (0) 207 930 0777 Richard Spiegelberg |
Numis Securities Limited | +44 (0) 207 260 1000 |
Nominated Adviser | Stuart Skinner |
Corporate Broker | Charles Farquhar |
Related Shares:
Epe Special Opp