JZ Capital Ptnrs Ltd Net Asset Value(s)
09 Diciembre 2020 - 9:19AM
UK Regulatory
TIDMJZCP TIDMJZCC TIDMJZCN
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 31st October 2020 was as follows:
Company Name Date NAV per Ordinary Share
JZ Capital Partners Limited 31st October 2020 US$ 4.51
JZCP's NAV at 31 October 2020 is $4.51 per share ($4.60 at 31 August 2020), the
decrease in NAV per share of (9) cents per share is due to net investment
losses of (5) cents and expenses and finance costs of (9) cents offset by
accrued income of 3 cents, net fx gains of 1 cent and the change in the fair
value of the Company's CULS of 1 cent
The Company has completed the sale of its interests in certain US micro-cap
portfolio companies (the "Secondary Sale"). The Secondary Sale is structured as
a sale and contribution to a newly formed fund, JZHL Secondary Fund LP. On
Closing on 4th December 2020 the Company received: (i) Cash Consideration,
being $90 million (less any fees and expenses); and (ii) a special limited
partner interest in the newly formed fund which will initially be valued at
approximately $40 million. Adding this figure to the cash consideration of $90
million (less any fees and expenses) would indicate a write down to the
Company's October NAV of approximately $38 million (49 cents). This write down
is not reflected in the 31 October 2020 NAV.
Enquiries:
Company website: www.jzcp.com
Northern Trust International Fund Administration Services (Guernsey) Limited
Email: jzcp@ntrs.com
END
(END) Dow Jones Newswires
December 09, 2020 10:19 ET (15:19 GMT)
Jz Capital Partners (LSE:JZCP)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Jz Capital Partners (LSE:JZCP)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024