NB Private Equity Partners Announces Share Buyback Strategy
In an exciting development for stakeholders, NB Private Equity Partners has formally announced key details regarding the recent transaction involving their own shares. This announcement is poised to spark interest as the company takes proactive steps in managing its equity and optimizing shareholder value.
Overview of the Share Buyback
NB Private Equity Partners, also known as NBPE, revealed today that it has initiated a buyback of Class A Shares as part of its strategic approach to capital management. The authorization for this buyback was endorsed by shareholders on June 12, 2025. The buyback was executed through an agreement with Jefferies International Limited, a well-respected firm in the financial sector.
Transaction Details on the London Stock Exchange
The transaction, conducted on 2 December 2025, resulted in the acquisition of 37,489 Class A Shares. The buyback showcases a thoughtful approach to share management, with shares acquired at prices ranging from £15.70 to £15.54. Following this transaction, the total outstanding shares will stand at 43,735,634, with an additional 3,150,408 shares retained in treasury for potential future use.
Cancellations and Voting Rights
As part of the buyback process, all purchased Class A Shares will be canceled, decreasing the number of shares available. It's important for investors and analysts to understand that the updated figure for voting rights will be 43,735,634. This number becomes significant as shareholders assess their positions in line with the FCA's Disclosure Guidance and Transparency Rules.
Contact Information for Inquiries
For further inquiries regarding this announcement or for additional information, stakeholders can reach out to the NBPE Investor Relations team. Luke Mason is available via phone at +44 20 3214 9002 or via email at NBPrivateMarketsIR@nb.com. Further assistance can also be sought from Kaso Legg Communications, who can be contacted at +44 (0)20 3882 6644, including representatives such as Charles Gorman, Luke Dampier, and Charlotte Francis.
About NB Private Equity Partners Limited
NB Private Equity Partners is dedicated to pursuing direct private equity investments through notable partnerships with leading private equity firms across the globe. The investment management is handled by NB Alternatives Advisers LLC, fully owned by Neuberger Berman Group LLC. A key advantage of NBPE's investment strategy includes reducing costs associated with management fees and carried interest, enhancing fee efficiency compared to other private equity entities.
Financial Performance Goals
NBPE aims to achieve sustained capital growth over time while maintaining a commitment to providing bi-annual dividends to investors. The company's disciplined approach to investment selections is key to navigating the complexities of the market and optimizing returns.
About Neuberger Berman
Founded in 1939, Neuberger Berman is a respected, employee-owned private investment manager. With over 2,850 employees operating in 26 countries, the firm manages significant assets across various portfolios, including equities, fixed income, and private equity. In recognition of their exceptional workplace culture, Neuberger Berman has consistently been ranked among the top firms to work for in the financial sector, demonstrating their commitment to excellence in financial management.
Frequently Asked Questions
What is the main focus of the recent announcement from NBPE?
The announcement primarily pertains to NBPE's share buyback initiative, which aims to optimize shareholder value.
How many shares did NBPE buy back?
NBPE purchased a total of 37,489 Class A Shares during the buyback.
What will happen to the purchased shares?
All bought back shares will be canceled, reducing the total number of outstanding shares.
Who can investors contact for further information?
Investors can contact NBPE Investor Relations, specifically Luke Mason, or Kaso Legg Communications for additional information.
What is the overall investment strategy of NBPE?
NBPE focuses on direct private equity investments, partnering with top firms worldwide, while aiming to provide investors with capital appreciation and dividends.
