REG - JPEL Private Equity - 2023 AGM CIRCULAR

JPEL Private EquityAnnouncement

09/11/2023 12:00

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RNS Number : 9749S  JPEL Private Equity Limited  09 November 2023

JPEL Private Equity Limited

Ground Floor

Cambridge House

Le Truchot, St Peter Port

Guernsey, GY1 1WD

www.jpelonline.com (http://www.jpelonline.com)

 

 

JPEL PUBLISHES 2023 AGM CIRCULAR

 

 

*              *              *

 

GUERNSEY, 9 NOVEMBER 2023

 

JPEL Private Equity Limited ("JPEL" or the "Company") has today published a
circular to Shareholders (the "Circular").

 

Capitalised terms that are not defined herein have the meanings given to them
in the Circular.

 

The Circular contains a notice of the Company's Annual General Meeting ("AGM")
to be held at Ground Floor, Cambridge House, Le Truchot, St Peter Port,
Guernsey, GY1 1WD on 6 December 2023 at 12.00 p.m. (GMT).

 

The following summarises all of the Resolutions that the Company is seeking to
approve at the AGM.

 

SUMMARY OF RESOLUTIONS TO BE PROPOSED

 

Special Resolutions

1.          To renew the Company's authority to make purchases of up
to 15 per cent. of its own issued US$ Equity Shares pursuant to any proposed
Tender Offer.

2.          To renew the Company's general authority to make market
purchases of up to 14.99 per cent. of its own issued US$ Equity Shares.

 

Ordinary Resolutions

3.          To approve and adopt the Annual Report and Financial
Statements of the Company for the year ended 30 June 2023.

4.          To re-elect PricewaterhouseCoopers CI LLP as Auditors to
the Company.

5.          To re-authorise the Directors to determine the Auditors'
remuneration.

6.          To re-authorise and agree the remuneration of the
Directors in accordance with the Articles of Incorporation.

7.          To re-elect Trina Le Noury as a non-executive,
independent director of the Company.

8.          To re-elect Anthony (Tony) Dalwood as a non-executive,
independent director of the Company.

9.          To re-elect Sean Hurst as a non-executive, independent
director of the Company.

 

Further details on each of the Resolutions are set out in the Circular.

 

Copies of the following documents are available for inspection at the
registered office of the Company (which is also the place of the AGM) during
normal business hours of any Business Day (Saturdays, Sundays and public
holidays excepted) until the conclusion of the AGM:

 

·    the Annual Report and Financial Statements for the year ended 30
June 2023; and

·    the Circular.

 

A copy of this document has been submitted to the National Storage Mechanism
and will shortly be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism) .

 

A full copy of the Circular and annual report and accounts are available on
JPEL's website (through the "Investor Information", "Reports" and "Shareholder
Documents" links through http://www.jpelonline.com (http://www.jpelonline.com)
).  For the avoidance of doubt, the contents of the Company's website are
not incorporated into, and do not form part of, this announcement.

 

Further copies of the Circular may be obtained, free of charge, from the
registered office of the Company.

 

Copies of the Circular and Form of Proxy will be mailed to the Shareholders.

 

*             *                   *

 

About JPEL Private Equity Limited

JPEL Private Equity Limited is a Guernsey registered and incorporated, London
Stock Exchange-listed, closed-ended investment company (LSE: JPEL) designed
primarily to invest in the global private equity market.  The investment
objective of the Company is to achieve both short and long-term capital
appreciation by investing in a well-diversified portfolio of private equity
fund interests and by capitalising on the inefficiencies of the secondary
private equity market.

 

ENQUIRIES:

 

FCF JPEL Management LLC

JPELClientService@fortress.com (mailto:JPELClientService@fortress.com)

 

 

 

 

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