St Peter Port Capital plc (SPPC)

St Peter Port Capital

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.

Highlights

* 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