Overview of NB Private Equity Partners' Share Buyback
NB Private Equity Partners (“NBPE” or the “Company”) recently disclosed a significant share buyback program, marking a proactive step aimed at enhancing shareholder value. This decision was made in accordance with the general authority granted by the shareholders on June 12, 2024, underlining the Company’s commitment to delivering sustained growth and shareholder returns.
Details of the Transaction
On May 21, 2025, NB Private Equity Partners executed the purchase of 3,000 Class A Shares through a buyback agreement with Jefferies International Limited on the London Stock Exchange. The highest price per share was recorded at £14.49, while the lowest stood at £14.20. This strategic move allows the Company to manage its capital more effectively, funneling resources back to shareholders.
Share Cancellation and Outstanding Shares
All shares purchased during this buyback will be canceled, resulting in a total of 45,557,547 Class A Shares remaining outstanding. Additionally, the Company holds 3,150,408 Class A shares in treasury, which can be utilized in the future as part of its capital management strategy. For transparency, the figure for voting rights remains at 45,557,547, and market participants are advised to utilize this number when determining their interests in the Company.
Investor Relations Contact Information
For further inquiries regarding this transaction or general information about the Company, stakeholders can get in touch with:
NBPE Investor Relations
Phone: +44 20 3214 9002
Contact: Luke Mason
Email: NBPrivateMarketsIR@nb.com
Kaso Legg Communications
Phone: +44 (0)20 3882 6644
Contact: Charles Gorman
Email: nbpe@kl-communications.com
Contact: Luke Dampier, Charlotte Francis
About NB Private Equity Partners Limited
NB Private Equity Partners Limited focuses on direct private equity investments in collaboration with leading private equity firms across the globe. Managed by NB Alternatives Advisers LLC, an indirect subsidiary of Neuberger Berman Group LLC, the Company excels in sourcing, executing, and managing its investments. Notably, many of these direct investments involve no management fees or carried interest payable to third-party general partners, ensuring greater fee efficiency compared to other listed private equity firms. The Company aims to achieve capital appreciation through consistent growth in net asset value, complemented by bi-annual dividend payouts.
Neuberger Berman's Impact
Neuberger Berman, an employee-owned independent investment manager established in 1939, oversees a vast portfolio exceeding $515 billion. With a workforce of over 2,800 professionals across 26 countries, the firm is committed to active management rooted in fundamental research and robust ownership. Its exemplary workplace culture ranks it among the top companies for employee satisfaction in the investment management sector.
Frequently Asked Questions
What is the purpose of NB Private Equity Partners' share buyback?
The share buyback aims to enhance shareholder value by reducing the number of outstanding shares and improving financial efficiency.
How many shares were bought back by NB Private Equity Partners?
NB Private Equity Partners purchased a total of 3,000 Class A Shares during the transaction.
What will happen to the shares that were bought back?
All shares that were purchased in the buyback will be canceled, leading to a reduction in the total number of outstanding shares.
Who can shareholders contact for more information?
Shareholders can reach out to the NBPE Investor Relations department or Kaso Legg Communications for further information.
What is the significance of maintaining voting rights at 45,557,547?
The figure of 45,557,547 is essential for transparency and ensures market participants have accurate data when assessing their interests in NBPE.
