JZ Capital Partners Ltd - Update on Flex Pack Proposal
(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 48761)
LEI: 549300TZCK08Q16HHU44
UPDATE ON FLEX PACK PROPOSAL
Unless otherwise defined herein, capitalised terms used in this announcement have the meanings given to them in the circular of the Company dated
Flex Pack Proposal
Further to the announcements made by the Company on
Robinette Acquisition
As mentioned in the Circular and the announcement made by the Company on
As also explained in those documents, it remains the intention that further complementary businesses will be sought to be identified and acquired by Follow-on Flex Pack and for which up to the remaining amounts of the Company's (along with the
Further details of the Flex Pack Proposal are set out in the Circular and in the announcement made by the Company on
Proposed Return of Capital
As previously announced, it remains the Company's intention to commence returning capital to its Shareholders initially in an amount of approximately
For further information:
Kit Dunford /Ed Berry +44 (0)7717 417 038 / +44 (0)7703 330 199 FTI ConsultingDavid Zalaznick +1 (212) 485 9410Jordan/Zalaznick Advisers, Inc. Matt Smart Northern Trust International Fund +44 (0) 1481 745228 Administration Services (Guernsey) Limited
Important Notice
This announcement contains a number of "forward-looking statements". Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates", "forecast", "plan" and "project" or in each case, their negative, or similar expressions identify forward-looking statements. Such statements reflect the relevant company's current views with respect to future events and are subject to risks, assumptions and uncertainties that could cause the actual results to differ materially from those expressed or implied in the forward-looking statements. Many of these risks, assumptions and uncertainties relate to factors that are beyond the companies' abilities to control or estimate precisely, such as future market conditions, changes in general economic and business conditions, introduction of competing products and services, lack of acceptance of new products or services and the behaviour of other market participants. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Shareholders should not, therefore, place undue reliance on these forward-looking statements, which speak only as of the date of this document. Except as required by applicable law or regulation, the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this document to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.