13th Oct 2017 07:00
JPEL Private Equity Limited
Ground Floor
Cambridge House
Le Truchot, St Peter Port
Guernsey, GY1 1WD
www.jpelonline.com
JPEL ANNOUNCES TIMING OF RETIREMENT OF2017 ZERO DIVIDEND PREFERENCE SHARES
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GUERNSEY, 13 OCTOBER 2017
JPEL Private Equity Limited ("JPEL" or the "Company") is pleased to announce the timing of retirement of its 2017 Zero Dividend Preference Shares ("2017 ZDP Shares") which are set to reach their Final Capital Entitlement Date on 31 October 2017 and which will be redeemed in accordance with the Company's Articles of Incorporation.
Event | Date 2017 |
Record date for entitlement to redemption payment | 31 October |
Redemption date | 31 October |
Final Redemption proceeds credited to CREST accounts | 14 November |
Final Redemption proceeds dispatched to certificated holders | 14 November |
Accordingly, following their redemption, the 2017 ZDP Shares' admission to the Official List and their trading on the Main Market of the London Stock Exchange will be cancelled.
The Final Capital Entitlement of the 2017 ZDP Shares will be paid using cash on hand .
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About JPEL Private Equity Limited
JPEL Private Equity Limited is a Guernsey registered and incorporated, London Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed primarily to invest in the global private equity market. The investment objective of the Company is to achieve both short and long-term capital appreciation by investing in a well-diversified portfolio of private equity fund interests and by capitalising on the inefficiencies of the secondary private equity market.
ENQUIRIES:
FCF JPEL Management LLC
Related Shares:
Jpel Priv Eqty