ANNOUNCEMENT OF THE NAV OF PROVENTUS CAPITAL PARTNERS III

Press release

Since Proventus Capital Partners III decreased its contributed capital by SEK 103.6 million through a repayment to debenture holders and owners, the Net Asset Value of the Proventus Capital Partners III participation loan has been calculated. The Net Asset Value is to be calculated at the close of each quarter and in conjunction with a capital increase or decrease.

The repayment amounted to SEK 9,000 per Series A participation loan debenture, SEK 225,000 per Series B participation loan debenture and SEK 11.5 million to the owners.

At the close of business on 29 January 2021, the Net Asset Value of the Proventus Capital Partners III Series A participation loan debentures amounted to SEK 333,735 each, and the Net Asset Value of the Series B participation loan debentures amounted to SEK 8,344,018 each. The calculated Net Asset Value takes the above-mentioned repayment and an updated valuation of the portfolio into account.

P Capital is an active credit investor and loan provider to Northern and Western European companies in need of capital for expansion, acquisition financing, restructurings and refinancing. P Capital also conducts investments in publically traded corporate credits. The funds of P Capital have combined assets of EUR 2.5 billion and are managed by P Capital Partners AB, which is owned by management. The Proventus Capital Partners III series A1 participation loan debentures and series B participation loan debentures are issued by Proventus Capital Partners III AB (publ) and are listed on the Miscellaneous Nordic AIF Sweden-segment under Main Regulated at NGM in Stockholm.  The number of debenture holders amounts to approximately 50.

Daniel Sachs,
CEO P Capital,
Phone: +46 8 723 31 00