- Title:
September and December 2020 Quarterly Tenders - Time:
15:14:37 - Date:
1 Oct 2020 - Category:
Capital structure - ID:
8457A
1 October 2020
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
September and December 2020 Quarterly Tenders
September 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 September 2020 tender.
The number of shares by class tendered by shareholders in the September 2020 tender and the percentage of class shares in issue represented by these tenders as at the September 2020 Tender Record Date, are included below:
| Share class |
Shares tendered |
Shares tendered as a percentage of class shares in issue as at the September 2020 Tender Record Date |
|
|
|
|
| Euro Shares |
4,000,022 |
3.37% |
|
|
|
|
| Sterling Shares |
7,583,983 |
3.79% |
December 2020 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 December 2020 tender.
Euro Shares
| Shares in issue at the December 2020 Tender Record Date |
130,811 589 |
|
|
|
| Shares accepted for the March 2020 Tender |
(1,804,283) |
|
|
|
| Shares accepted for the June 2020 Tender |
(6,319,950) |
|
|
|
| Shares accepted for the September 2020 Tender |
(4,000,022) |
|
|
|
| Adjusted number of shares in issue for determining the Quarterly Restriction for the December 2020 tender |
118,687,334 |
Sterling Shares
| Shares in issue at the December 2020 Tender Record Date |
248,065,956 |
|
|
|
| Shares accepted for the March 2020 Tender |
(14,871,329) |
|
|
|
| Shares accepted for the June 2020 Tender |
(25,588,695) |
|
|
|
| Shares accepted for the September 2020 Tender |
(7,583,983) |
|
|
|
| Adjusted number of shares in issue for determining the Quarterly Restriction for the December 2020 tender |
200,021,949 |
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
September and December 2020 Quarterly Tenders15:14:371 Oct 2020Capital structure8457A