April 2018 Share Conversion - Replacement
The following amendments have been made to the April 2018 Share Conversion announcement released on 24 April 2018 at 13:28 under RNS No 9619L.
The number of Sterling Shares that have been applied to be admitted to the Official List is 256,455 and not 226,455.
All other details remain unchanged.
The full amended text is shown below.
CVC Credit Partners European Opportunities Limited
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP
April 2018 Share Conversion
CVC Credit Partners European Opportunities Limited (the "Company") announces the conversion of a number of Euro Shares into Sterling Shares and a number of Sterling Shares into Euro Shares (the "Conversion").
On the basis of the net asset values of the Company's Euro and Sterling shares as at 29 March 2018 (using spot currency exchange rates as at 29 March 2018), the current conversion ratio, in accordance with the Company's articles of association, is:
1.169767 Euro Shares per Sterling Share; and
0.854850 Sterling Shares per Euro Share.
The Company received eligible conversion notices from shareholders in respect of 300,000 Euro Shares and 30,000 Sterling Shares by the relevant closing date. Accordingly, an application has been made for the admission of 35,093 Euro Shares and 256,455 Sterling Shares to the Official List of the UK Listing Authority (the "Official List") and the main market for listed securities of the London Stock Exchange plc (the "Main Market"). It is expected that such application will become effective and that dealings in the new Euro Shares will commence on 30 April 2018. The revised number of total voting rights in the Company as adjusted for the Conversion will be announced shortly thereafter.
BNP Paribas Securities Services S.C.A. Jersey Branch
+44 (0)1534 709 181
This information is provided by RNS