17 Jan 2007 14:20
Bear Stearns Private Equity Limited17 January 2007 Company Bear Stearns Private Equity Limited Headline Share Redemption Bear Stearns Private Equity Limited HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU 17 January 2007 Regulatory News Service London Stock Exchange London EC4M 7LS Dear Sir, Bear Stearns Private Equity Limited (the "Company") announces that it hasredeemed the following shares at the Net Asset Value as at 31 December 2006: 7,628,577 ordinary shares at a price of USD$1.45 per share. In conformity with the Transparency Directive's transitional provision 6 wewould like to notify the market of the following: as a result of suchredemptions, the Company's issued share capital consists of 88,158,472 shares of0.01p each classified as ordinary shares and 59,475,034 shares of 0.01p eachclassified as zero dividend preference shares. The Company holds no shares inTreasury. Therefore the total number of voting rights in the Company is 88,158,472 for theordinary share class and 59,475,034 for the zero dividend preference shareclass. The above figures (88,158,472 for the ordinary share class and 59,475,034 forthe zero dividend preference share class) may be used by shareholders as thedenominator for the calculations by which they will determine if they arerequired to notify their interest in, or a change to their interest in, theCompany under the FSA's Disclosure and Transparency rules. END This information is provided by RNS The company news service from the London Stock Exchange