StockMarketWire.com - JZ Capital Partners reports absolute net asset value growth of 20.7% to $851.7 million in the year to the end of February.

JZCP founder and investment adviser, David Zalaznick, said: "Following several strategic initiatives undertaken throughout the year, the company's balance sheet is in excellent condition. We are confident the year ahead will again provide a number of realisation opportunities, leaving us well positioned to take advantage of opportunities to expand our increasingly diversified portfolio."

Highlights include:

- Pre-dividend (pre-dilution) NAV per share growth of 6.3% to $11.46 (FY 28/2/15:$10.85)

- Pre-dividend (post-dilution) NAV per share fell 3.5% to $10.49 (FY 28/2/15:$10.85)

- Distribution of 33.5 cents per share (FY 28/2/15: 31 cents per share), implying a historic dividend yield of 6.1% (as at 29/2/16).

- Dividend of 15 cents per share declared for the six-month period ended 29 February 2016

Chairman David Macfarlane said: "We are delighted with the company's robust performance throughout 2015. It has been an active and successful twelve months of investment for the company, an excellent year for realisations and the ZDP rollover has strengthened the company's balance sheet further.

"We look ahead to the next twelve months with continued confidence, building upon the company's strong track record of delivering healthy returns for our shareholders."




At 9:05am:

[LON:JZCC] JZ Capital Partners share price was +0.01p at 10.63p

[LON:JZCN] Jz Capital Partners Ltd share price was 0p at 368.5p

[LON:JZCP] JZ Capital Partners Ltd share price was +0.5p at 399p



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