REG - JPEL Private Equity - COMPLETION OF THIRTEENTH MANDATORY REDEMPTION

JPEL Private EquityAnnouncement

14/01/2026 10:00

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RNS Number : 8847O  JPEL Private Equity Limited  14 January 2026

JPEL Private Equity Limited

60, Fourth Floor

Plaza House

Admiral Park

St Peter Port, Guernsey, GY1 4BF

www.jpelonline.com

 

 

 

COMPLETION OF THIRTEENTH MANDATORY REDEMPTION

 

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GUERNSEY, 14 JANUARY 2026

 

 

The Board of Directors of JPEL Private Equity Limited ("JPEL" or the
"Company") is pleased to announce that the partial mandatory redemption of the
Company's US$ Equity Share class announced on 29 December 2025 has been
completed with the redemption of 4,545,396 US$ Equity Shares ("Mandatory
Redemption").

 

The redemption represented approximately 21% of NAV at 30 September 2025
(approximately 23% of JPEL's market capitalization at 13 January 2026).

 

 

On 13 January 2026 JPEL redeemed 4,545,396 US$ Equity Shares, on a pro rata
basis, at the prevailing NAV per US$ Equity Share of $1.32 as at 30 September
2025.  Such shares were cancelled automatically following their redemption.

 

Fractions of shares produced by the applicable redemption ratios have not been
redeemed and so the number of shares redeemed in respect of each shareholder
has been rounded down to the nearest whole number of shares.

 

Payments of redemption proceeds are expected to be effected either through
CREST (in the case of shares held in uncertificated form) or by cheque (in the
case of shares held in certificated form) on or around 27 January 2026. Any
share certificates for the balance of holdings of shares will also be
despatched to shareholders on or around 27 January 2026.

 

The US$ Equity Shares will be disabled in CREST on the Record Date and the
existing ISIN number GG00BS82YQ75 (the "Old ISIN") will expire.  A new ISIN
number GG00BVPBWF31 (the "New ISIN") in respect of the remaining 17,102,993
US$ Equity Shares which have not been redeemed will be enabled and available
for transactions on 14 January 2026 (the "Ex-date").

 

Inclusive of this Mandatory Redemption, JPEL will have returned $537.6 million
to US$ Equity Shareholders, or approximately 112% and 141% of the Company's 31
October 2016 NAV and market capitalization.  Please note that the prevailing
NAV at the time of the Company's first mandatory redemption was 31 October
2016.

 

 

DIRECTORS' INTERESTS

 

As a result of the Mandatory Redemption described above, Tony Dalwood is
expected, immediately following the redemption date, to hold approximately
6,467 US$ Equity Shares, respectively.

 

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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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