Circ re. Proposed Zero Dividend Preference Share Issue
(Thomson Reuters ONE) - 22 October 2009NB Private Equity Partners Limited ("NBPE" or "the Company"), aclosed-end private equity fund of funds investment company, todayannounces the publication of a Circular (the "Circular") in relationto its proposed issue of zero divided preference shares ("ZDPShares"). The indicative terms of the Company's ZDP Share issue wereannounced on 7 October 2009.In relation to the ZDP Share issue, the Company is required to seekcertain shareholder consents, including shareholder approval ofcertain changes to the Company's Articles of Incorporation (the"Articles") in order to establish the rights (summarised in theCircular) which will attach to the new ZDP Shares. The adoption ofthe Company's new Articles will require the approval of the Companyby special resolution (which will involve the passing of a writtenresolution by the holder of the Company's Class B Shares) and of theCompany's Class A Shareholders by ordinary resolution at a classmeeting of the Class A Shareholders (the "Class Meeting").The Class Meeting will take place at 10.30am on 13 November 2009 atHeritage Hall, Le Marchant Street, St. Peter Port, Guernsey GY1 4HY,and Forms of Proxy must be returned in the manner indicated thereonby 10.30am on 11 November 2009.It is expected that the final terms of the ZDP Shares and the targetsize of the issue will be announced in due course. Capitalized termsused but not defined in this announcement shall, unless the contextrequires otherwise, have the same meaning as in the Circular.For further information, please contact:NBPE Investor Relations +1 214 647 9593Oriel Securities +44 20 7710 7600Joe WinkleySapna ShahFinancial Dynamics +44 20 7269 7114Robert BailhacheNick HendersonAbout NB Private Equity Partners LimitedNBPE is a closed-end private equity fund of funds investment companyadmitted to trading on Euronext Amsterdam and the Specialist FundMarket of the London Stock Exchange. NBPE holds a diversifiedportfolio of private equity fund investments and directco-investments selected by the NB Alternatives group of NeubergerBerman, diversified across private equity asset class, geography,industry, vintage year and sponsor.www.nbprivateequitypartners.comThis press release appears as a matter of record only and does notconstitute an offer to sell or a solicitation of an offer to purchaseany security.NBPE is established as a closed-end investment company domiciled inGuernsey. NBPE has received the necessary consent of the GuernseyFinancial Services Commission and the States of Guernsey PolicyCouncil. NBPE is registered with the Dutch Authority for theFinancial Markets as a collective investment scheme which may offerparticipations in The Netherlands pursuant to article 2:66 of theFinancial Markets Supervision Act (Wet op het financial toezicht).All investments are subject to risk. Past performance is no guaranteeof future returns. The value of investments may fluctuate. Resultsachieved in the past are no guarantee of future results. Thisdocument is not intended to constitute legal, tax or accountingadvice or investment recommendations. Prospective investors areadvised to seek expert legal, financial, tax and other professionaladvice before making any investment decision. Statements contained inthis document that are not historical facts are based on currentexpectations, estimates, projections, opinions and beliefs of NBPE'sinvestment manager. Such statements involve known and unknown risks,uncertainties and other factors, and undue reliance should not beplaced thereon. Additionally, this document contains "forward-lookingstatements." Actual events or results or the actual performance ofNBPE may differ materially from those reflected or contemplated insuch targets or forward-looking statements.Oriel Securities Limited ("Oriel") is acting for NBPE and no-one elsein connection with NBPE and will not be responsible to anyone otherthan NBPE for providing the protections afforded to customers ofOriel or for providing advice in relation to NBPE.---END OF MESSAGE---http://hugin.info/137843/R/1349596/325281.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 22.10.2009 - 18:36 Uhr
Sprache: Deutsch
News-ID 7299
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