St Peter Port Capital Limited ("the Company" or "St Peter Port"), is a listed investment company whose aim is to generate value by investing in growth companies shortly before an initial public offering ("IPO") ("pre-IPO companies").
The company was set up by 3 well known UK investors all worth more than £100m personally being Howard Shore, Tim Childs and Bob Morton.
The company is capitalised at £32m.
It has investments worth £50m worth - 66p per share.
It has cash of £25m worth – 34p per share.
So in total its Nav per share is 102.5p.
So lets assume the nav is as follows:
100% of the cash being – 34p
plus 50% of investments being – 33p
then this should be worth 67p.
Please see highlights from last set of figures:-
DJ St Peter Port Capital 1H Net Profit GBP2.3M Vs GBP3.7M
St Peter Port Capital Tuesday announces its interim results for the six months ended Sep. 30.
* Invested in 41 pre-IPO companies at period end
* 5 pre-IPO investments wholly realised, some others partly
* NAV of 105.6 pence per share, up 8.2% since flotation
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