Record date is being corrected as 13 February (previously reported as 12 February).
The corrected release reads:
CONVERSUS CAPITAL DECLARES UNIT HOLDER DISTRIBUTION
Conversus Capital, L.P. (NYSE Euronext Amsterdam: CCAP) ("Conversus") has declared a cash distribution of $1.00 per unit, or $65.1 million in aggregate. The distribution will be payable on or about 19 February to unit holders of record as of 13 February.
Restricted depository unit ("RDU") holders will pay a fee of $0.02 per RDU which will be deducted from the distribution. No fees will be assessed on future distributions and RDU holders will not pay a cancellation fee in connection with the final liquidation of Conversus.
Dividends, interest or certain other amounts (generally not including capital gains) from U.S. sources are subject to U.S. withholding tax (except in the case of RDU holders that provide appropriate certifications). Accordingly, Conversus will withhold $0.06 per common unit which will be deducted from the distribution.
Future distributions to unit holders will be based on expected net cash flow of Conversus and appropriate cash reserves based on the circumstances prevailing at the time. No assurances can be given as to exactly when unit holder distributions will be paid or the amount of the distributions. Additional details related to Conversus distributions can be accessed in the Investor Relations section of Conversus' website at www.conversus.com under the heading "Distribution & Tax Information."
About Conversus Capital
Conversus is a publicly traded limited partnership based in Guernsey. On completion of its global initial public offering in July 2007, Conversus purchased a portfolio of high quality, seasoned private equity fund interests. In December 2012, Conversus completed the sale of its private equity portfolio. Currently in liquidation, Conversus is focused on returning its remaining capital to unit holders.
Legal Disclaimer
This press release is not an offer to sell, or a solicitation of an offer to buy, securities in the United States or elsewhere. Securities may not be sold in the United States absent registration with the U.S. Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended. Conversus is not a registered investment company under the U.S. Investment Company Act of 1940, as amended (the "Investment Company Act"), and the resale of Conversus securities in the United States or to U.S. persons other than to qualified purchasers as defined in the Investment Company Act is prohibited. Conversus does not intend to register any offering in the United States or to conduct a public offering of its securities in the United States. Conversus is an authorised closed-ended investment scheme for Guernsey regulatory purposes. Conversus is registered with the Netherlands Authority for the Financial Markets as a collective investment scheme which may offer participation rights in the Netherlands pursuant to article 2:66 of the Financial Market Supervision Act (Wet op het financieel toezicht).Past performance is not necessarily indicative of future results.
The common units and related restricted depositary units of Conversus are subject to a number of ownership and transfer restrictions. Information concerning these ownership and transfer restrictions is included in the Investor Relations section of Conversus' website at www.conversus.com.
Forward-Looking Statements
This press release contains certain forward-looking statements. In some cases, forward-looking statements can be identified by terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "should," "will," and "would," or the negative of those terms or other comparable terminology. Forward-looking statements speak only as of the date of these materials and include statements relating to expectations, beliefs, forecasts, projections (which may include statements regarding future economic performance, and the financial condition, results of operations, liquidity, cash flows, investments, business, net asset value and prospects of Conversus), future plans and strategies and anticipated results thereof, anticipated events or trends and similar matters that are not historical facts. By their nature, forward-looking statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future, and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements including, but not limited to, the following: the actual level of our operating costs relative to the estimates used to accrue our liquidation expenses; risks associated with our investments generally, and the actual realized value of investments; the size and timing oftransactions involving our investments; changes in potential conflicts of interest; changes in our financial condition, liquidity (including availability and cost of capital), cash flows and ability to meet our funding needs and satisfy our contractual obligations; general economic and political conditions and conditions in the equity, debt, credit, currency and, foreign exchange markets; the trading price, liquidity and volatility of our common units; competitive conditions; regulatory and legislative developments; and the risks, uncertainties and other factors discussed elsewhere in these materials or in our public filings and documents on our website (www.conversus.com). Conversus does not undertake to update any of these forward-looking statements.
Contacts:
Conversus Capital, L.P.
Tim Smith
Chief Executive Officer
Tel:
+1.704.307.4871 or
+44.1481.745.175
tim.smith@conversus.com
or
Conversus
Capital, L.P.
Joanne Verkuilen
Vice President Investor
Relations
Tel: +1.704.307.4864 or
+44.1481.745.175
joanne.verkuilen@conversus.com