NB Private Equity Partners Announces Share Buy-back
NB Private Equity Partners (LSE: NBPE) has made waves recently as it details a transaction involving its Class A Shares. This exciting development comes under the general authority granted by its shareholders, highlighting the company’s commitment to maintaining a robust capital structure.
Transaction Details on the London Stock Exchange
The share buy-back plan was executed with guidance and support from Jefferies International Limited, reflecting the Company’s strategic alignment with leading financial partners. This recent transaction is a testament to the company's proactive management in optimizing shareholder value.
Purchase Date and Volume
The shares were officially purchased on 7 May 2025, with a total acquisition of 3,000 Class A Shares. This move demonstrates NBPE's strategic approach to managing its share capital effectively.
Price Range During the Buy-back
During the transaction, the shares were acquired at pricing levels between £14.90 and £14.66, indicating careful consideration of market conditions.
Impact of Share Cancellation
Upon completion of the buy-back, all purchased Class A Shares will be formally cancelled. Following this action, the total number of outstanding shares will be reduced to 45,589,673. Additionally, the Company holds a treasury of 3,150,408 Class A shares, providing clarity to investors regarding the overall share dynamics.
Voting Rights and Market Transparency
For regulatory purposes, it is crucial to note that the number of voting rights will stand at 45,589,673, enabling shareholders to assess their holdings accurately and consider their interests in the Company.
Contact Information for Investors
If you’re looking for more information regarding the latest developments, the investor relations team is readily available to assist. Reach out to NBPE Investor Relations at +44 20 3214 9002. Luke Mason is also accessible through email for further inquiries.
Communications Team
For public relations and communications, you can connect with Kaso Legg Communications at +44 (0)20 3882 6644, where Charles Gorman and other representatives are eager to provide support.
About NB Private Equity Partners Limited
NB Private Equity Partners Limited is a dedicated investment entity focused on private equity investments, working in tandem with renowned private equity firms globally. The firm is managed by NB Alternatives Advisers LLC, a subsidiary of Neuberger Berman Group LLC, a notable name in the investment landscape.
By adopting a unique structure that avoids management fees and carried interest payable to third-party general partners, NBPE stands out in terms of fee efficiency, enhancing capital appreciation through a focused investment strategy.
Understanding Neuberger Berman
Founded in 1939, Neuberger Berman has grown into a well-respected, independent investment manager. With a workforce of over 2,800 employees across 26 countries, it manages substantial assets across various sectors, including equities, fixed income, and private equity. The firm’s dedication to active management and rigorous research has consistently earned it recognition as a top employer in the investment management sector.
Frequently Asked Questions
What is the significance of the share buy-back for NB Private Equity Partners?
The share buy-back signals a commitment to increasing shareholder value and enhancing the overall firm’s capital structure.
How many shares did NB Private Equity Partners repurchase?
The Company repurchased a total of 3,000 Class A Shares during this transaction.
What happens to the shares bought back by the Company?
All repurchased shares will be cancelled, resulting in a reduced number of outstanding shares.
Who can I contact for more information about NB Private Equity Partners?
Interested parties can contact NBPE Investor Relations at +44 20 3214 9002 or by reaching out to their communications team for further inquiries.
What is Neuberger Berman's role related to NB Private Equity Partners?
Neuberger Berman provides investment management services to NB Private Equity Partners, facilitating investment opportunities and managing investments efficiently.
