NB Private Equity Partners A

City of London Investment Management Company Limited reduced its voting rights in NB Private Equity Partners to 4.99% (1,970,677 voting rights) on 28 August, thereby falling below the 5% reporting threshold. The company holds the votes indirectly, has no voting rights from financial instruments, and is a 100% subsidiary of City of London Investment Group plc. The notification relates to an issuer outside the United Kingdom. » Altro su de.investing.com

Shareholders of NB Private Equity Partners approved the change of name to Neuberger Private Equity Partners with 99.96% support; the change will take effect after regulatory approvals. Audited annual accounts were also approved, several directors were re-elected, and Caroline Chan was elected as a new director and chair of the nomination and remuneration committee. The meeting confirmed an interim dividend of $0.47 per share, authorized share buybacks and the issuance of up to 9.99% additional common shares, and increased the cap on total directors' remuneration to £550,000. » Altro su de.investing.com