Princess Private Equity Holding Ltd Partners Group expands shareholder base of Foncia (7736O)
12 Octubre 2021 - 01:00AM
UK Regulatory
TIDMPEY TIDMPEYS
RNS Number : 7736O
Princess Private Equity Holding Ltd
12 October 2021
News Release
Guernsey, 12 October 2021
Partners Group to expand the shareholder base of Foncia
Partners Group, the Investment Manager of Princess Private
Equity Holding Limited ("Princess"), is expanding the shareholder
base of Foncia, a European leader in residential property
management services. Incoming shareholder TA Associates, a private
equity firm, has agreed to acquire a 25% stake in Foncia, while
Partners Group will continue to hold a majority stake in the
Company on behalf of its clients.
The transaction values Princess' stake in Foncia at
approximately EUR 48.9 million. Princess will retain an exposure of
approximately EUR 48.0 million following closing of the
transaction. This compares to a carrying value of EUR 52.4 million
at 31 August 2021.
Further information is available in the press release issued by
Partners Group.
Ends.
About Princess
Princess is an investment holding company founded in 1999 and
domiciled in Guernsey. It invests, inter alia, in private equity
and private debt investments. Princess is managed in its investment
activities by Partners Group, a global private markets investment
management firm with USD 119 billion in investment programs under
management in private equity, private debt, private real estate and
private infrastructure. Princess aims to provide shareholders with
long-term capital growth and an attractive dividend yield. Princess
is traded on the Main Market of the London Stock Exchange (ticker:
PEY for the Euro Quote; PEYS for the Sterling Quote).
Contacts
Princess Private Equity Holding Limited:
princess@partnersgroup.com
www.princess-privateequity.net
Registered Number: 35241
LEI: 54930038LU8RDPFFVJ57
Investor relations contact
George Crowe
Phone: +44 20 7575 2771
E-mail: george.crowe@partnersgroup.com
Media relations contact
Jenny Blinch
Phone: +41 41 784 65 26
E-mail: jenny.blinch@partnersgroup.com
www.partnersgroup.com
This document does not constitute an offer to sell or a
solicitation of an offer to buy or subscribe for any securities and
neither is it intended to be an investment advertisement or sales
instrument of Princess Private Equity Holdings. The distribution of
this document may be restricted by law in certain jurisdictions.
Persons into whose possession this document comes must inform
themselves about and observe any such restrictions on the
distribution of this document. In particular, this document and the
information contained therein is not for distribution or
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States of America, Canada, Australia or Japan.
This document may have been prepared using financial information
contained in the books and records of the product described herein
as of the reporting date. This information is believed to be
accurate but has not been audited by any third party. This document
may describe past performance, which may not be indicative of
future results. No liability is accepted for any actions taken on
the basis of the information provided in this document. Neither the
contents of Princess' website nor the contents of any website
accessible from hyperlinks on Princess' website (or any other
website) is incorporated into, or forms part of, this
announcement.
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END
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