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
Monthly Net Asset
Value (“NAV”)
The unaudited Net Asset Value per Ordinary Share of the Company
as at the close of business on 30 November
2022 was as follows:
| Company Name |
Date |
NAV per Ordinary
Share |
| JZ Capital Partners Limited |
30 November 2022 |
US$ 4.33 |
JZCP’s NAV at 30 November 2022 is
$4.33 per share ($4.59 per share at 31
October 2022 and $4.71 per
share at 31 August 2022).
JZCP’s NAV per share decreased 38
cents, or approximately 8.1%, during the three-month period
ended 30 November 2022.
| NAV per Ordinary Share
at 1 September 2022 |
$4.71 |
| Change in NAV due to
investment losses |
|
|
- U.S.
Micro-cap1 |
(0.30) |
|
- European
Micro-cap |
(0.05) |
| Other
increase/(decrease) in NAV |
|
|
+ Foreign exchange effect |
0.03 |
|
- Finance costs and
expenses |
(0.06) |
| NAV per Ordinary Share
at 30 November 2022 |
$4.33 |
|
|
| Below is a summary of
the Company's assets and liabilities at 30 November 2022: |
|
|
US$'000 |
| Assets |
|
| Private
Investments1 |
347,871 |
| Cash and cash
equivalents1 |
63,625 |
| Other receivables |
197 |
| Total Assets |
411,693 |
|
|
| Liabilities |
|
| Senior debt - maturity
date 26th January 2027 |
43,081 |
| Subordinated Loan
Notes - maturity date 30th September 2022 |
31824 |
| Other liabilities |
1,516 |
| Total liabilities |
76,421 |
|
|
| Net Asset Value |
335,272 |
| Number of Ordinary
shares in issue |
77,477,214 |
| Net Asset Value per
Ordinary share |
$4.33 |
1 U.S Micro-cap net losses include the previously
announced write down following the disposal of interest in
Industrial Services Solutions and the previously announced
investment write up reflecting the agreed disposal, subject to
conditions, of one of Deflecto Holdings’ portfolio companies.
The above disposals were not completed at 30 November 2022, therefore the expected proceeds
of approximately $80 million are not
included in the Cash and cash equivalents stated and are instead
included within the carrying value of Private Investments.
Enquiries:
Company website:
www.jzcp.com
Northern Trust International Fund Administration Services
(Guernsey) Limited
Email:
jzcp@ntrs.com