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NB Private Equity Partners Limited

NB Private Equity Partners Limited

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Publicatie datum 19 mei 2015 - 08:16
Statutaire naam NB Private Equity Partners Limited
Titel NB Private Equity Partners Limited : NBPE Considering Sterling Dividend Currency Election and Dividend Reinvestment Plan
Bericht 19 May 2015 NB Private Equity Partners Limited ("NBPE" or the "Company") today announces that the Company is considering the addition of two actions related to the Company's dividend: a Sterling dividend currency election and a dividend re-investment plan. NB Alternatives Advisers LLC (the "Manager") believes that the Company's dividend has been a successful program to date and these additional actions will further increase value for shareholders over the long term. NBPE is a U.S. Dollar-denominated investment company and has a significant majority of its assets invested in North America. As such, the Manager expects to continue to declare and pay dividends in US Dollars. However, the Company is listed on the Specialist Fund Market of the London Stock Exchange and Euronext Exchange and a large number of U.K. investors hold the Company's shares.