NB Private Equity Partners Announces Share Buyback Activity
Today, NB Private Equity Partners (LSE: NBPE) revealed the details surrounding their recent transaction involving Class A Shares. The announcement stems from the authority granted by shareholders during a meeting held in June, accompanied by a strategic share buy-back agreement with Jefferies International Limited.
Key Details of the Share Buyback
The purchase of shares took place on the London Stock Exchange, with the transaction being recorded on 26 September 2025. During this buyback, the Company repurchased a total of 7,788 Class A Shares. This move aligns with NBPE's strategy to enhance shareholder value and efficiently manage its capital structure.
In the context of pricing, the highest price per share paid was £14.90, while the lowest price stood at £14.56. Such careful pricing strategies demonstrate the Company’s commitment to maximizing value for its investors. Furthermore, shares are tracked under the ISIN GG00B1ZBD492, which facilitates transparency and aids in the identification of shares in financial markets.
Impact on Outstanding Shares
Following the completion of the buyback, all Class A Shares purchased during this transaction will be cancelled. Consequently, the total number of outstanding Class A Shares will be adjusted to 45,180,248. Additionally, the Company retains 3,150,408 Class A shares in treasury. For stakeholders and those monitoring their investment interests, it's crucial to note that for regulatory purposes, the significant figure to consider when assessing dynamic voting rights is now set at 45,180,248.
Investor Relations and Contact Information
Investors seeking further clarification or information are encouraged to reach out to the Investor Relations team at NB Private Equity Partners. You can connect with Luke Mason at an available contact number, +44 20 3214 9002. Additionally, inquiries can be made via email at NBPrivateMarketsIR@nb.com.
For communications related to the Company, Kaso Legg Communications also stands ready to assist. You can contact Charles Gorman at +44 (0)20 3882 6644 or reach out to the team via email at nbpe@kl-communications.com.
Understanding the Role of NB Private Equity Partners
NB Private Equity Partners aims to invest in direct private equity investments, collaborating with leading private equity firms on a global scale. Their Investment Manager, NB Alternatives Advisers LLC, manages the sensitive sourcing and execution of investments, ensuring that dealings occur without incurring management fees or carried interest payable to third-party General Partners (GPs).
This structure not only enhances fee efficiency but also allows NBPE to focus on capital appreciation by growing the net asset value over time, all while providing a reliable bi-annual dividend to its shareholders. This strategy underpins the Company’s vision and reflects its diligent approach toward providing consistent returns on investments.
About Neuberger Berman and Its Global Presence
Neuberger Berman, the parent company, is an employee-owned and independent investment manager that was established in 1939. With a workforce of over 2,800 employees across 26 countries, the firm boasts a significant portfolio management capacity, overseeing approximately $538 billion in various investment assets ranging from equities to fixed income and private equity.
Their investment philosophy is characterized by active management and fundamental research, ensuring that investments align with the founders' vision of engaged ownership. Neuberger Berman has garnered accolades as one of the top places to work in the money management sector, maintaining a highly commendable reputation in the industry.
Frequently Asked Questions
What is the recent share buyback by NB Private Equity Partners?
NB Private Equity Partners has announced the repurchase of 7,788 Class A Shares as part of a share buyback strategy approved by shareholders.
How many outstanding shares will remain after the buyback?
After the cancellation of the repurchased shares, the total outstanding shares will be 45,180,248 Class A Shares.
Who can I contact for investor relations inquiries?
For inquiries, investors can contact Luke Mason at +44 20 3214 9002 or email NBPrivateMarketsIR@nb.com.
What is the significance of the ISIN GG00B1ZBD492?
The ISIN identifies the repurchased shares in the financial markets and assists in maintaining transparency regarding the Company’s stock.
Who manages the investments for NB Private Equity Partners?
Investments are managed by NB Alternatives Advisers LLC, a wholly owned subsidiary of Neuberger Berman Group LLC.
