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| TIDM | PEY |
| Share Price | €598.00-2.17% |
| Market Cap | €39.39bn |
Partners Group Private Equity Ltd announced on 8 October 2026 that there was no Free Cash Flow available for buybacks as at 30 September 2026 under its capital allocation policy. The Board approved an additional discretionary allocation of EUR 10 million for buybacks, which, along with the approximately EUR 4.8 million remaining from previous allocations, the Company will seek to deploy by 31 January 2027. Separately, the Company commenced the orderly realisation of its entire investment portfolio on 7 October 2026, and for the quarter ended 30 September 2026, reported EUR 4.8 million in portfolio distributions and EUR 9.2 million in investments.
| Date | 8 Oct 2026 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 0654Y |
(LSE: PEYS/PEY)
Free Cash Flow as at 30 September 2026 and buyback update
Under the terms of the Company’s capital allocation policy adopted in March 2024, there was no Free Cash Flow available for buybacks as at 30 September 2026. Accordingly, the Board has not allocated additional capital to the Company’s share buyback programme. The Company currently has approximately EUR 4.8 million remaining to fund share buybacks, that has not been utilised further to the allocations made in October 2025 and April 2026. Notwithstanding the Free Cash Flow calculation as at 30 September 2026, the Board has approved an additional discretionary allocation of EUR 10 million for buybacks. The Company will seek to deploy this additional discretionary allocation, together with the remaining approximately EUR 4.8 million previously allocated to buybacks, over the period to 31 January 2027.
The Board is mindful that since the announcement of a proposed dual share class structure to address differing shareholder objectives and liquidity requirements on 18 June 2026, the hiatus created during the period that the proposed structure was being finalised and voted on, compounded by a continuing challenging period of performance, has contributed to selling pressure in the Company’s shares. The Board believes it is important that now the Company has commenced an orderly realisation of its entire investment portfolio with effect from the conclusion of the Company's Extraordinary General Meeting on 7 October 2026, and accordingly the capital allocation policy no longer applies, that capital is available to provide additional liquidity for buybacks, where appropriate, as the Company transitions into its realisation strategy.
Divestment and investment activity remained overall contained and balanced during the quarter ended 30 September 2026, with portfolio distributions totalling EUR 4.8 million, and investments totalling EUR 9.2 million. Whilst no Free Cash Flow was available for share buybacks at the end of the quarter, the Company’s liquidity position remained solid with c. EUR 29 million in cash and equivalents and a fully undrawn EUR 150 million credit facility.
Ends.
About Partners Group Private Equity Limited
PGPE Ltd is an investment holding company founded in 1999 and domiciled in Guernsey. It invests in private equity direct investments. PGPE Ltd is managed in its investment activities by Partners Group, one of the largest firms in the global private markets industry, with USD 186 billion in investment programs under management in private markets, of which USD 79 billion is in private equity. Partners Group itself is listed on the Swiss Stock Exchange (ticker: PGHN). PGPE Ltd aims to provide shareholders with long-term capital growth and an attractive dividend yield. PGPE Ltd is traded on the Main Market of the London Stock Exchange (ticker: PEY).
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Contacts Partners Group Private Equity Limited: www.partnersgroupprivateequitylimited.com |
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Investor relations contact: Andreea Mateescu Phone: +41 41 784 66 73 E-mail: [email protected]
Media relations contact: E-mail: [email protected] |
Registered Number: 35241 LEI: 54930038LU8RDPFFVJ57
Notes:
i www.partnersgroupprivateequitylimited.com