JPEL Private Equity
Limited
Fourth Floor
Plaza House
Admiral Park, St Peter
Port
Guernsey, GY1 4BF
www.jpelonline.com
JPEL PUBLISHES 2024 AGM CIRCULAR
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GUERNSEY, 6 NOVEMBER 2024
JPEL Private Equity Limited
("JPEL" or the
"Company") has today
published a circular to Shareholders (the "Circular").
Capitalised terms that are not
defined herein have the meanings given to them in the
Circular.
The Circular contains a notice of
the Company's Annual General Meeting ("AGM") to be held at Fourth Floor, Plaza
House, Admiral Park, St Peter Port, Guernsey, GY1 4BF on 27
November 2024 at 2.00 p.m. (GMT).
The following summarises all of the
Resolutions that the Company is seeking to approve at the
AGM.
SUMMARY OF RESOLUTIONS TO BE PROPOSED
Special Resolutions
1 To
renew the Company's authority to make purchases of up to 15 per
cent. of its own issued US$ Equity Shares pursuant to any
proposed Tender Offer.
2 To
renew the Company's general authority to make market purchases of
up to 14.99 per cent. of its own issued US$
Equity Shares.
Ordinary Resolutions
3 To
approve and adopt the Annual Report and Financial Statements of the
Company for the year ended 30 June 2024.
4 To
re-elect PricewaterhouseCoopers CI LLP as Auditors to the
Company.
5 To
re-authorise the Directors to determine the Auditors'
remuneration.
6 To
re-authorise and agree the remuneration of the Directors in
accordance with the Articles of Incorporation.
7 To
re-elect Trina Le Noury as a non-executive, independent director of
the Company.
8 To
re-elect Anthony (Tony) Dalwood as a non-executive, independent
director of the Company.
9 To
re-elect Sean Hurst as a non-executive, independent director of the
Company.
Further details on each of the
Resolutions are set out in the Circular.
Copies of the following documents
are available for inspection at the registered office of the
Company (which is also the place of the AGM) during normal business
hours of any Business Day (Saturdays, Sundays and public holidays
excepted) until the conclusion of the AGM:
·
the Annual Report and Financial Statements for the
year ended 30 June 2024; and
·
the Circular.
A copy of the Circular has been
submitted to the National Storage Mechanism and will shortly be
available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
A full copy of the Circular and
annual report and accounts are available on JPEL's website (through
the "Investor Information", "Reports" and "Shareholder Documents"
links through http://www.jpelonline.com). For
the avoidance of doubt, the contents of the Company's website are
not incorporated into, and do not form part of, this
announcement.
Further copies of the Circular may
be obtained, free of charge, from the registered office of the
Company.
Copies of the Circular and Form of
Proxy will be mailed to the Shareholders.
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About JPEL Private Equity Limited
JPEL Private Equity Limited is a
Guernsey registered and incorporated, London Stock Exchange-listed,
closed-ended investment company (LSE: JPEL) designed primarily to
invest in the global private equity market. 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.
ENQUIRIES:
FCF JPEL Management LLC
JPELClientService@fortress.com