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CVC Credit Partners - December 2020 and March 2021 Quarterly Tenders

RNS Number : 9834K
CVC Credit Partners European Opps.
07 January 2021
 

7 January 2021

 

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

December 2020 and March 2021 Quarterly Tenders

 

December 2020 Quarterly Tender

 

CVC Credit Partners European Opportunities Limited ("the Company") wishes to announce that the Board has opted not to limit the acceptance of the number of shares tendered for purchase in respect of the Company's December 2020 tender.

 

The number of shares by class tendered by shareholders in the December 2020 tender and the percentage of class shares in issue represented by these tenders as at the December 2020 Tender Record Date, are included below:

 

Share class

Shares tendered

Shares tendered as a percentage of class shares in issue as at the December 2020 Tender Record Date




Euro Shares

4,804,474

4.05%




Sterling Shares

23,256,443

11.63%

 

 

March 2021 Quarterly Tender

 

Pursuant to the above confirmation, the Company hereby announces the adjusted number of shares for determining the quarterly restriction in respect of the March 2021 tender.

 

Euro Shares

 

Shares in issue at the March 2021 Tender Record Date

130,479,004



Shares accepted for the June 2020 Tender

(6,319,950)



Shares accepted for the September 2020 Tender

(4,000,022)



Shares accepted for the December 2020 Tender

(4,804,474)



Adjusted number of shares in issue for determining the Quarterly Restriction for the March 2021 tender

115,354,558

 

Sterling Shares

 

Shares in issue at the March 2021 Tender Record Date

231,908,562



Shares accepted for the June 2020 Tender

(25,588,695)



Shares accepted for the September 2020 Tender

(7,583,983)



Shares accepted for the December 2020 Tender

(23,256,443)



Adjusted number of shares in issue for determining the Quarterly Restriction for the March 2021 tender

175,479,441

 

This announcement should be read in conjunction with the Company's AGM circular and the announcement on Monday 6 April 2020 in relation to the proposed changes to the Contractual Quarterly Tender facility.

 

Terms defined in the Company's prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

 

CVC Credit Partners European Opportunities Limited: +44 (0)1534 625522
Richard Boléat

 

BNP Paribas Securities Services S.C.A., Jersey Branch           +44 (0)1534 709181/813873

 

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Quick facts: CVC Credit Partners European Opportunities

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