RNS Number:2079K
European Capital Limited
18 December 2007
First Floor, Dorey Court
Admiral Park
St. Peter Port, Guernsey, GY1 4AF
FOR IMMEDIATE RELEASE:
18 December 2007
Contact
John Erickson, Dir. European Capital Financial Services (Guernsey) Limited +1
(301) 951-6122
Tom McHale, Dir. European Capital Financial Services Limited +1 (301) 951-6122
EUROPEAN CAPITAL DECLARES Q4 DIVIDEND OF €0.14 PER ORDINARY SHARE
St. Peter Port, Guernsey - 18 December 2007 - European Capital Limited ("
European Capital") (LSE: ECAS) announced today that its Board of Directors has
declared a fourth quarter 2007 dividend of €0.14 per ordinary share payable on
28 January 2008 to record holders of its ordinary shares on the register as of
16:30 BST on 28 December 2007. This is an 8% increase over the third quarter
2007 dividend of €0.13 per share and is in line with the dividend target
announced at the time European Capital declared its second quarter 2007
dividend. European Capital has now paid or declared a total of €40 million in
dividends since its May 2007 initial public offering ("IPO").
For more information, please visit our website at www.EuropeanCapital.com or
call our Investor Relations Department at +44 (0)20 7539 7100.
ABOUT EUROPEAN CAPITAL
European Capital is a publicly traded investment company for pan-European
equity, mezzanine and senior debt investments with capital resources of
approximately €2.3 billion ($3.3 billion). It is managed by European Capital
Financial Services (Guernsey) Limited ("ECFSG" or "the Investment Manager"), a
wholly-owned affiliate of American Capital Strategies, Ltd ("American Capital").
European Capital invests in and sponsors management and employee buyouts,
invests in private equity buyouts and provides capital directly to private and
public companies headquartered predominantly in Europe. European Capital
generally invests between €5 million and €500 million per transaction in equity,
mezzanine debt and senior debt to fund growth, acquisitions and
recapitalisations.
The investment objective of European Capital is to provide investors with
dividend income and the potential for share value appreciation by investing in
debt and equity investments in private and public companies headquartered
primarily in Europe.
European Capital seeks to achieve this through pursuing the following types of
investments:
European Capital One- Stop BuyoutsTM
Through our One Stop BuyoutsTM, European Capital provides equity, mezzanine debt
and senior debt as the lead investor in the buyout of private and public
companies.
Mezzanine Direct with Sponsors
European Capital provides debt and equity financing for buyouts sponsored by
private equity firms where European Capital is either the sole or lead mezzanine
debt investor.
Syndicated Mezzanine and Senior Debt
European Capital provides mezzanine and senior financing for buyouts sponsored
by private equity firms where European Capital is neither the sole nor lead
mezzanine or senior debt investor.
Direct Investments
European Capital provides debt and equity financing directly to private and
public companies, which is used for growth, acquisitions or recapitalisations,
and investing in structured finance vehicles.
Companies interested in learning more about European Capital's flexible
financing should contact Simon Henderson or Nathalie Faure Beaulieu at + 44 (0)
20 7539 7000 in London, Jean Eichenlaub at + 33 (0)1 40 68 06 66 in Paris,
Robert von Finckenstein at +49 (0) 69 71 71 297-0 in Frankfurt, or Luis Felipe
Castellanos at +(34) 91 745 99 63 in Madrid, or visit the website at
www.EuropeanCapital.com.
ABOUT AMERICAN CAPITAL
American Capital Strategies Ltd. (Nasdaq: ACAS), with $19 billion in capital
resources under management, is an affiliate of European Capital and a member of
the S&P 500. It is the largest U.S. publicly traded private equity firm and one
of the largest publicly traded alternative asset managers. American Capital,
both directly and through its global asset management business, is an investor
in management and employee buyouts, private equity buyouts, and early stage and
mature private and public companies. American Capital provides senior debt,
mezzanine debt and equity to fund growth, acquisitions, recapitalisations and
securitisations. American Capital and its affiliates invest from $5 million to
$800 million per company in North America and €5 million to €500 million per
company in Europe.
This announcement contains forward-looking statements. Statements regarding
expected results of European Capital are subject to various factors and
uncertainties, including the uncertainties associated with the timing of
transaction closings, changes in interest rates, availability of transactions,
changes in regional, national or international economic conditions, or changes
in the conditions of the industries in which European Capital has made
investments.
This information is provided by RNS
The company news service from the London Stock Exchange
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