4 Apr 2018 14:58
JZ Capital Partners Ltd - Transaction in Own SharesJZ Capital Partners Ltd - Transaction in Own Shares
PR Newswire
London, April 4
JZ CAPITAL PARTNERS LIMITED (the "Company" or “JZCP”)(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 48761)LEI 549300TZCK08Q16HHU44
JZ Capital Partners Limited (the Company) announces that, further to the announcement made by the Company today, it has now made the off-market purchases of 22,173 ordinary shares from David W. Zalaznick, John (Jay) W. Jordan II and Edgewater Growth Capital Partners pursuant to and in accordance with the Company's Articles of Incorporation. The off-market purchases were made as a consequence of the Company having yesterday purchased 25,000 ordinary shares via on-market purchases on the London Stock Exchange through J.P. Morgan Securities plc. Both the off-market purchases and the on-market purchases were executed at a price of 480.00 pence per share.
Accordingly, the Company has now purchased a total of 47,173 ordinary shares at a price of 480.00 pence per share. The Company intends to cancel all of the purchased shares and so, following the purchases, the Company has 83,860,343 ordinary shares in issue. The Company does not hold any ordinary shares in Treasury.
http://www.jzcp.com/investor-relations
For further information:
David Zalaznick +1 212 485 9410Jordan/Zalaznick Advisers, Inc. dzalaznick@jzadvisersinc.com
Northern Trust International Fund Administration Guernsey_Board_Relationship_Team@ntrs.comServices (Guernsey) LimitedCompany Secretary
About JZCP
JZ Capital Partners (“JZCP”) is one of the oldest closed-end investment companies listed on the London Stock Exchange. It seeks to provide shareholders with a return by investing selectively in US and European microcap companies and US real estate. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. (“JZAI”) which is led by David Zalaznick and Jay Jordan. They have worked together for more than 35 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. For more information please visit www.jzcp.com