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Pin to quick picksJpel Priv Eqty Regulatory News (JPEL)

Share Price Information for Jpel Priv Eqty (JPEL)

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JPEL Private Equity is an Investment Trust

To effect an orderly realisation of the investments and other assets comprised in the portfolio of the company and will seek to realise such investments and assets in order to maximise returns to US equity shareholders.

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Transaction in Own Shares

12 Jan 2012 17:05

RNS Number : 4926V
J.P. Morgan Private Equity Ltd
12 January 2012
 



 

 

 

 

 

J.P. MORGAN PRIVATE EQUITY LIMITED ANNOUNCESTRANSACTION IN ITS OWN SHARES

 

 

12 January 2012

 

J.P. Morgan Private Equity Limited (the "Company") announces that on 12 January 2012 it has purchased into treasury the following shares: 100,000 US$ Equity Shares at a price of US$ 0.88 per Share.

 

The open market purchase will be accretive to the Company's current NAV of $1.28 per US$ Equity Share as at 30 November 2011.

 

Following this purchase the Company has 398,389,496 US$ Equity Shares in issue.

 

The Company has not been in possession of any unpublished inside information for any share repurchases during in 2012.

 

 

ENQUIRIES

 

J.P. Morgan Private Equity Limited 

Troy Duncan: Tel (Direct): +44 207 742 3032 (troy.duncan@jpmorgan.com)

Gregory Getschow: Tel (Direct): +1 212 648 1150 (gregrory.getschow@jpmorgan.com)

Rosemary DeRise: Tel (Direct): +1 212 648 2980 (rosemary.derise@jpmorgan.com)

Samantha Ladd: Tel (Direct): +1 212 648 2982 (samantha.ladd@jpmorgan.com)

 

Peregrine Communications

Anthony Payne: Tel (Direct): +44 203 178 6869 (anthony.payne@peregrinecommunications.com)

* * *

 

 

About J.P. Morgan Private Equity Limited

 

J.P. Morgan Private Equity Limited is a Guernsey registered and incorporated closed-ended investment company and is designed primarily to invest in the global private equity market. The Company's issued share capital has been admitted to listing on the premium segment and the standard segment (as appropriate) of the Official List and admitted to trading on the main market of the London Stock Exchange (LSE:JPEL, JPEZ, JPZZ, JPSZ, JPWW). In summary, 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.

 

 

  END

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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