30 Jun 2005 11:59
Bear Stearns Private Equity Limited30 June 2005 Bear Stearns Private Equity Limited HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU 30 June, 2005 Regulatory News Service London Stock Exchange London EC2N 1HP Dear Sir, BEAR STEARNS PRIVATE EQUITY LIMITED LAUNCH OF THE COMPANY The Board of Bear Stearns Private Equity Limited (the "Company") announces thatpursuant to the Placing the following numbers of Shares have been issued:33,069,458 Equity Shares at USD 1.05 each and 33,148,465 Zero DividendPreference Shares at 42.5 pence each, including those Shares issued in the formof Packaged Units, each consisting of one Equity Share and one Zero DividendPreference Share. The Shares have been admitted to the Official List of the UK Listing Authority.The Shares and the Packaged Units have been admitted to trading on the LondonStock Exchange. An announcement will be made shortly with regards to the percentage of theCompany's assets to be represented by the initial Transfer Portfolio. Terms defined in the Listing Particulars dated 21 June 2005 bear the samemeanings when used in this announcement. Enquiries: Bear Stearns Private Equity Limited Paul Sanabria 001 212 272 7734 Bear Stearns Asset Management Greg Getschow 001 212 272 7734 HSBC Bank plc Jonathan Maxwell 020 7991 8888 Mark Bloomfield END This information is provided by RNS The company news service from the London Stock Exchange