Treasury shares and total voting rights update

26 June 2008

On 2 April 2008, the board of ACP Capital Limited (“ACP Capital” or the “Company”: APL.LN) announced the purchase of 2,000,915 of its own ordinary shares of 0.1 pence each (the “Shares”) which were awarded to certain employees of ACP Capital and ACP Capital UK LLP, its advisory subsidiary, in lieu of cash bonuses under the Employee Share Award Plan ("ESAP").

The Company would like to clarify that these Shares were purchased directly by a nominee and do not constitute treasury shares under Jersey law. These shares are held by a nominee on behalf of the employees in order to satisfy the vesting requirements for employee stock awards. The Directors' holdings under the ESAP were announced on 2 April 2008 and 20 June 2008.

Therefore the Company holds no shares in treasury, the total number of the Company's shares in issue is 196,096,941 and the total number of voting rights in the Company is also 196,096,941.

Enquiries:

  • Rob Bailhache & Nick Henderson, Financial Dynamics (Media Relations) +44 (0) 20 7269 7200
  • Sacha Macintosh, ACP Capital UK LLP +44 (0) 844 800 4530
  • Chris Wells, Stewart Wallace, Collins Stewart +44 (0) 207 523 8350

About ACP Capital

ACP Capital is a Jersey-incorporated specialist integrated finance and asset management company, quoted on AIM and focused on providing equity and debt products to European small and medium sized enterprises (the “SMEs”).

ACP Capital aims to benefit from opportunities generated from the strong growth in SME demand for integrated finance, combined with the reduced appetite for SME lending among traditional banks owing to higher regulatory capital requirements.

In order to better serve the SME markets directly, ACP Capital is establishing localised operating platforms (the "Platforms") in its key markets of Germany, France and the United Kingdom. These include to-date Leasecom, a leading SME finance provider in France, and GCI, a specialist private equity firm for the German SME market. Further Platforms are being evaluated currently to serve the remaining key markets.