23 May 2016 11:15
JZ CAPITAL PARTNERS LTD - 2016 Zero Dividend Preference SharesJZ CAPITAL PARTNERS LTD - 2016 Zero Dividend Preference Shares
PR Newswire
London, May 23
JZ CAPITAL PARTNERS LIMITED (the "Company")(a closed-end collective investment scheme incorporated as a non-cellular company with limited liability under the laws of Guernsey with registered number 48761)
Redemption of 2016 Zero Dividend Preference Shares and Notice of Cancellation
23 May 2016
2016 Zero Dividend Preference Shares
The Company is pleased to announce the redemption of its 2016 Zero Dividend Preference Shares ("2016 ZDP Shares") which are set to reach their repayment date on 22 June 2016.
The record date for the final capital entitlement is 15 June 2016.The repayment date is 22 June 2016.Cheques are expected to be mailed to certificated holders on 21 June 2016.CREST accounts of certificated holders are expected to be credited on 22 June 2016.
The final capital entitlement amount is £3.7354 per 2016 ZDP Share.
The Company has requested that following their redemption, the admission to and trading of the 2016 ZDP Shares’ on the Specialist Fund Market of the London Stock Exchange plc be cancelled with effect from 8 a.m. on 22 June 2016.
For further information:
| William Simmonds J.P. Morgan Cazenove | +44 (0)20 7742 4000 |
| Ed Berry / Kit Dunford FTI Consulting | +44 (0) 20 3727 1046 / 1143 |
| David Zalaznick Jordan/Zalaznick Advisers, Inc. | +1 (212) 485 9410 |
| Paul Le Ray Northern Trust International Fund Administration Services (Guernsey) Limited | +44 (0) 1481 745815 |
About JZCP
JZCP is a London listed fund which invests in high quality US and European microcap companies and US real estate. Its objective is to achieve a superior overall return comprised of a current yield and significant capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. (“JZAI”) which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing management of microcap companies to help build better businesses, create value and deliver strong returns for investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities.
For more information please visit www.jzcp.com.