NB Private Equity Partners Limited (NBPE), the Guernsey-based closed-ended investment company managed by Neuberger Berman, has disclosed that Non-Executive Director David MacLellan purchased 8,000 Class 'A' Ordinary Shares on 11 November 2026. The transaction, conducted on the London Stock Exchange Main Market at a price of £15.506 per share, represents a total principal amount of £124,048. Director share purchases of this scale are closely watched by investors as signals of board-level confidence in a company's underlying value.

Key Points

  • NB Private Equity Partners Limited (NBPE), registered in St Peter Port, Guernsey
  • Non-Executive Director David MacLellan purchased 8,000 Class 'A' Ordinary Shares on 11 November 2026
  • Transaction executed at £15.506 per share, totalling a principal amount of £124,048, via the London Stock Exchange Main Market
  • Investors may be watching whether further director dealings follow, given MacLellan now holds 8,000 Ordinary Shares following this initial purchase

MacLellan's £124,048 Open-Market Purchase of NBPE Class 'A' Ordinary Shares

The announcement confirms that David MacLellan, serving as a Non-Executive Director of NB Private Equity Partners Limited, acquired 8,000 Class 'A' Ordinary Shares at a price of £15.506 per share on 11 November 2026. The shares, identified by ISIN code GG00B1ZBD492, are denominated with a nominal value of USD 0.01 each. The aggregate principal amount of the transaction was £124,048. The purchase was made on the London Stock Exchange Main Market, and this notification represents an initial disclosure under the requirements governing persons discharging managerial responsibilities (PDMRs).

MacLellan's Post-Transaction Holding and PDMR Disclosure Obligations

Following the transaction, David MacLellan holds 8,000 Ordinary Shares in NB Private Equity Partners Limited, representing his entire disclosed position in the company. The notification is an initial filing rather than an amendment, suggesting this is the first time MacLellan has formally reported a dealing in the company's shares under applicable regulatory obligations. PDMR disclosures of this nature are required under market abuse regulations, ensuring transparency around transactions by individuals with access to inside information by virtue of their senior roles.

NB Private Equity Partners: Closed-Ended Private Equity Exposure for London-Listed Investors

NB Private Equity Partners Limited is a closed-ended investment company incorporated in Guernsey and listed on the London Stock Exchange, providing investors with access to private equity investments managed by Neuberger Berman. The company invests across direct private equity co-investments, as well as fund interests and income investments. Its structure as a closed-ended vehicle means its shares can trade at a premium or discount to net asset value, a dynamic that investors in the sector monitor closely. The LEI associated with the company in this announcement is 213800UJH93NH8IOFQ77.