NB Private Equity Partners Announces the Approval by its Shareholders
of New Articles of Incorporati
(Thomson Reuters ONE) - 13 November 2009NB Private Equity Partners Limited ("NBPE" or "the Company"), aclosed-end private equity fund of funds investment company, todayannounces the approval by its Shareholders of amendments to itsArticles of Incorporation (the "Articles") made in relation to theCompany's proposed issue of zero divided preference shares ("ZDPShares"). The indicative terms of the Company's ZDP Share issue wereannounced on 7 October 2009.The Company was required to seek the approval of its Class AShareholders for the changes to the Company's Articles. These changesestablish the rights (summarised in the Circular) that will attach tothe ZDP Shares. For the Class A Approval Resolution to be passed,more than 50 per cent. of votes received were required to be voted infavour.The approval and adoption of the Articles was also required to beapproved by special resolution of the Company's Class B Shareholder.The Class A Shareholders approved the Class A Approval Resolution atthe Class Meeting, which was held at 10.30 a.m. on 13 November 2009at Heritage Hall, Le Marchant Street, St. Peter Port, Guernsey GY14HY. Of 17,254,500 proxy votes received, 17,204,500 were voted infavour of the Class Resolution, being 99.71 per cent. of votes cast.Accordingly, the Class A Approval Resolution was passed.Following approval of the Class A Approval Resolution by the Class AShareholders, the amended Articles were approved for adoption bywritten special resolution of the holder of the Company's Class BShares.Capitalized terms used but not defined in this announcement shall,unless the context requires otherwise, have the same meaning as inthe 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/1355046/328749.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 13.11.2009 - 18:22 Uhr
Sprache: Deutsch
News-ID 8394
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