We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nthn.Venture C | LSE:NVTC | London | Ordinary Share | GB00B0PR3285 | C SHS 75P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 61.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNVTC 22 SEPTEMBER 2009 NORTHERN VENTURE TRUST PLC PORTFOLIO UPDATE Northern Venture Trust PLC ("the Company") announces the sale of its investment in DxS Limited, which provides molecular diagnostic products and services to the healthcare industry, for initial cash proceeds of GBP7.3 million, plus GBP0.9 million by way of accrued loan stock interest and preference dividends. The Company may become entitled to receive up to a further GBP5.2 million over the period to 2012 subject to the achievement by DxS of specified objectives. The investment in DxS was entirely attributable to the Company's ordinary share pool and the disposal has no effect on the Company's C shares. The initial sale price represents an uplift of GBP1.3 million (equivalent to 3.3p per ordinary share in the Company) over the carrying value of the investment as reflected in the unaudited net asset value of 74.5p per ordinary share as at 30 June 2009 which was announced by the Company on 30 July 2009. The Company's ordinary share pool invested a total of GBP1.1 million in DxS in a series of early-stage funding rounds led by NVM Private Equity between 2001 and 2006. The total income and capital proceeds to date (excluding contingent future payments) represent a money multiple of 7.5 times the original investment and an internal rate of return (IRR) of 31.7% per annum. Enquiries: Tim Levett/Christopher Mellor, NVM Private Equity Limited - 0191 244 6000 =--END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
1 Year Northern Venture Trust Chart |
1 Month Northern Venture Trust Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions