REG-JZ Capital Ptnrs Ltd: Disposal of Interest in US Micro-cap Portfolio Company

JZ Capital PartnersAnnouncement

24/01/2023 15:45

JZ CAPITAL PARTNERS LIMITED (the "Company" or "JZCP")

(a closed-ended investment company incorporated with limited liability under
the laws of Guernsey with registered number 48761)

LEI 549300TZCK08Q16HHU44

Closing of Disposal of Interest in
US Micro-cap Portfolio Company

24 January 2023

Further to the Company's announcement on 19 December 2022, JZ Capital Partners
Limited, the London listed fund that has investments in US and European
microcap companies and US real estate, is pleased to provide an update in
relation to the disposal by Deflecto Holdings, LLC ("Deflecto Holdings"), one
of the Company's micro-cap co-investments, of its interest in one of its
portfolio companies (the "Disposal").

In the aforementioned announcement, the Company noted that Deflecto Holdings
had executed an agreement to effect the Disposal, with completion of the
Disposal being subject to the satisfaction of certain conditions, including
the federal premerger notification program established by the
Hart-Scott-Rodino Act.

The Company is now pleased to announce that the conditions to the Disposal
have been satisfied and that the Disposal has been completed. As a result, the
Company has received initial proceeds of approximately US$54.3 million, with
up to a further approximately US$1.3 million to be payable post-closing
pursuant to a standard escrow arrangement that is subject to customary final
closing adjustments.

______________________________________________________________________________________

For further information:

 Kit Dunford / Ed Berry FTI Consulting                                                        +44 (0)7717 417 038 / +44 (0)7703 330 199  
 David Zalaznick Jordan/Zalaznick Advisers, Inc.                                              +1 (212) 485 9410                          
 Hannah Hayward Northern Trust International Fund Administration Services (Guernsey) Limited  +44 (0) 1481 745417                        

Important Notice

This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "anticipates", "expects", "intends", "may", "will" or
"should" or, in each case, their negative or other variations or comparable
terminology. These forward-looking statements relate to matters that are not
historical facts. By their nature, forward-looking statements involve risks
and uncertainties because they relate to events and depend on circumstances
that may or may not occur in the future. Forward-looking statements are not
guarantees of future performance. The Company's actual investment performance,
results of operations, financial condition, liquidity, policies and the
development of its strategies may differ materially from the impression
created by the forward-looking statements contained in this announcement. In
addition, even if the investment performance, result of operations, financial
condition, liquidity and policies of the Company and development of its
strategies, are consistent with the forward-looking statements contained in
this announcement, those results or developments may not be indicative of
results or developments in subsequent periods. These forward-looking
statements speak only as at the date of this announcement. Subject to their
legal and regulatory obligations, each of the Company, Jordan/Zalaznick
Advisers, Inc. and their respective affiliates expressly disclaims any
obligations to update, review or revise any forward-looking statement
contained herein whether to reflect any change in expectations with regard
thereto or any change in events, conditions or circumstances on which any
statement is based or as a result of new information, future developments or
otherwise.



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