NB Private Equity Partners Announces Transaction in Own Shares
09 Januar 2025 - 8:00AM
UK Regulatory
NB Private Equity Partners Announces Transaction in Own Shares
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION
OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK,
JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH
JURISDICTIONS
St Peter Port, Guernsey 9 January 2025
NB Private Equity Partners (“NBPE” or the
“Company”) today announces details of Class A Shares bought back
pursuant to general authority granted by shareholders of the
Company on 12 June 2024 and the share buy-back agreement with
Jefferies International Limited.
Transaction on London Stock
Exchange
Date of purchase of Shares
|
8 January 2025 |
Number of Shares purchased
|
8,607 Class A Shares |
Highest price/lowest price
paid
|
£15.10 / £15.10 |
ISIN for the Shares |
GG00B1ZBD492 |
All Class A Shares bought back will be
cancelled. Following the cancellation, the number of outstanding
Class A Shares is 46,229,112. The Company also has 3,150,408 Class
A shares held in treasury. For reporting purposes under the FCA's
Disclosure Guidance and Transparency Rules the market should use
the figure of 46,229,112 voting rights when determining if they are
required to notify their interest in, or a change to their interest
in the Company.
For further information, please contact:
NBPE Investor
Relations +44
20 3214 9002
Luke
Mason NBPrivateMarketsIR@nb.com
Kaso Legg
Communications +44
(0)20 3995 6673
Charles
Gorman nbpe@kl-communications.com
Luke Dampier
Charlotte Francis
About NB Private Equity Partners
Limited
NBPE invests in direct private equity investments alongside market
leading private equity firms globally. NB Alternatives Advisers LLC
(the “Investment Manager”), an indirect wholly owned subsidiary of
Neuberger Berman Group LLC, is responsible for sourcing, execution
and management of NBPE. The vast majority of direct investments are
made with no management fee / no carried interest payable to
third-party GPs, offering greater fee efficiency than other listed
private equity companies. NBPE seeks capital appreciation through
growth in net asset value over time while paying a bi-annual
dividend.
LEI number: 213800UJH93NH8IOFQ77
About Neuberger Berman
Neuberger Berman is an employee-owned, private,
independent investment manager founded in 1939 with 2,800+
employees in 26 countries. The firm manages $500+ billion of
equities, fixed income, private equity, real estate and hedge fund
portfolios for global institutions, advisors and individuals.
Neuberger Berman’s investment philosophy is founded on active
management, fundamental research and engaged ownership. UNPRI named
the firm a Leader, a designation awarded to fewer than 1% of
investment firms for excellence in environmental, social and
governance practices. Neuberger Berman has been named by Pensions
& Investments as the #1 or #2 Best Place to Work in Money
Management for each of the last ten years (firms with more than
1,000 employees). Visit www.nb.com for more information. Data as of
December 31, 2024.
This press release appears as a matter of record
only and does not constitute an offer to sell or a solicitation of
an offer to purchase any security.
NBPE is established as a closed-end investment
company domiciled in Guernsey. NBPE has received the necessary
consent of the Guernsey Financial Services Commission. The value of
investments may fluctuate. Results achieved in the past are no
guarantee of future results. This document is not intended to
constitute legal, tax or accounting advice or investment
recommendations. Prospective investors are advised to seek expert
legal, financial, tax and other professional advice before making
any investment decision. Statements contained in this document that
are not historical facts are based on current expectations,
estimates, projections, opinions and beliefs of NBPE's investment
manager. Such statements involve known and unknown risks,
uncertainties and other factors, and undue reliance should not be
placed thereon. Additionally, this document contains
"forward-looking statements." Actual events or results or the
actual performance of NBPE may differ materially from those
reflected or contemplated in such targets or forward-looking
statements.
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