Details of the Recent Share Buyback by NB Private Equity Partners
NB Private Equity Partners (“NBPE” or the “Company”) has taken significant steps regarding its financial strategy by announcing the details of a recent buyback of Class A Shares. This action comes as part of the general authority granted by shareholders of the Company in a prior meeting.
Understanding the Buyback Transaction
The transaction, executed with Jefferies International Limited, took place on the London Stock Exchange and involved the purchase of 1,926 Class A Shares on 16 May 2025. The buyback reflects a price range between £14.26 and £14.64, showcasing the company's proactivity in managing its share capital effectively.
Impact on Share Structure
All shares acquired through this buyback will be cancelled, reducing the total number of outstanding Class A Shares to 45,567,347. As part of the financial reporting obligations under the relevant regulatory framework, the adjusted number of shares will be crucial for stakeholders looking to gauge their interests in NBPE.
NBPE: Advancing Shareholder Value
This buyback initiative emphasizes NBPE's dedication to enhancing shareholder value over time. With a reduced number of shares in circulation, the value of existing shares may see an upward trajectory, benefiting investors in the long run. The Company holds additional Class A Shares in treasury, which can also be utilized strategically in future endeavors.
Contacting NB Private Equity Partners
For stakeholders and potential investors seeking more information, NBPE provides accessible communication channels. Individuals can reach out to their Investor Relations team by calling +44 20 3214 9002. Additionally, the team can be contacted via email at NBPrivateMarketsIR@nb.com.
About NB Private Equity Partners Limited
NB Private Equity Partners Limited is a forward-thinking investment firm that focuses on direct private equity investments globally, collaborating with top-tier private equity firms. The Company aims for capital appreciation through strategic growth in its net asset value while consistently paying bi-annual dividends, showcasing its commitment to long-term value creation for its investors.
Investment Management and Strategy
Managed by NB Alternatives Advisers LLC, a fully owned subsidiary of Neuberger Berman Group LLC, NBPE is in a uniquely advantageous position. The Company offers efficiency by not charging management fees or carried interest to third-party general partners, creating a financially efficient model compared to other listed private equity firms. Their investment strategy is focused on carefully selected direct investments that promise sustainable growth.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a distinguished employee-owned independent investment management firm with a global presence, managing roughly $515 billion in assets. With a workforce of over 2,800 employees across 26 countries, their robust investment philosophy revolves around active management, fundamental research, and engaged ownership. This dedication has earned them accolades as one of the best workplaces in money management.
Frequently Asked Questions
What prompted the share buyback by NB Private Equity Partners?
The share buyback was initiated due to prior authority granted by shareholders, aimed at enhancing shareholder value and managing the company’s capital efficiently.
How many shares were bought back by the Company?
NB Private Equity Partners bought back a total of 1,926 Class A Shares in this recent transaction.
Where were the shares purchased?
The shares were acquired through a transaction on the London Stock Exchange, indicating a formal process in line with market regulations.
Who can investors contact for more information?
Investors can contact the NBPE Investor Relations team at +44 20 3214 9002 or via email at NBPrivateMarketsIR@nb.com.
How does this buyback affect the stock value?
By reducing the number of outstanding shares, the buyback may lead to an increase in the value of existing shares, benefiting shareholders in the long run.
