Och-Ziff Capital announces entry by Partners into Rule 10b5-1 Trading Plans

December 7th, 2011
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Contributed by: PR Newswire
Och-Ziff Capital Management Group LLC (NYSE: OZM) ("Och-Ziff" or the "Company") today announced that Daniel S. Och, Chairman and Chief Executive Officer, and certain other executive managing directors of the Company each plan to enter into separate individual Rule 10b5-1 trading plans providing for the purchase of up to an aggregate amount of $20 million of Class A Shares representing limited liability company interests. Under the proposed trading plans, Mr. Och and certain executive managing directors may purchase Class A Shares over time in the open market, in privately negotiated transactions or otherwise. The amount and timing of any purchases will depend on a number of factors, including the price of the Company's Class A Shares, trading volume and general market conditions. A Rule 10b5-1 trading plan would generally permit Mr. Och and certain other executive managing directors to purchase the Class A Shares at times when they might otherwise be prevented from doing so under certain securities laws. The trading plans may be terminated or discontinued at any time.

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Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that reflect the Company's current views with respect to, among other things, future events and financial performance. The Company generally identifies forward-looking statements by terminology such as "outlook," "believe," "expect," "potential," "continue," "may," "will," "should," "could," "seek," "approximately," "predict," "intend," "plan," "estimate," "anticipate," "opportunity," "comfortable," "assume," "remain," "maintain," "sustain," "achieve," "see," "think," "position" or the negative version of those words or other comparable words.

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Och-Ziff Capital Management
Related People: Daniel Och; David Windreich; Harold Kelly; Michael Cohen*; Zoltan Varga
Related Entities: Och-Ziff Capital Structure Arbitrage; OZ Credit Opportunities; OZ Master Fund; Ziff Brothers
Related Article Tags: Investment Management, Fund Manager and General Financial News; Hedge Fund Resources and Featured Partner News


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