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Share Name Share Symbol Market Type Share ISIN Share Description
Dunedin Enterprise Investment Trust Plc LSE:DNE London Ordinary Share GB0005776561 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 477.00 464.00 490.00 1,641 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.8 0.3 1.7 280.6 123

Dunedin Enterprise Inv Trust PLC Portfolio Update

07/07/2021 1:13pm

UK Regulatory (RNS & others)


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RNS Number : 5037E

Dunedin Enterprise Inv Trust PLC

07 July 2021

Dunedin Enterprise Investment Trust PLC

   LEI:     213800E2VLUZ5AF9Z434 
   Date:   7 July 2021 

Dunedin Enterprise Investment Trust PLC is pleased to announce that Dunedin Buyout Fund II LP has entered into a legally binding agreement to realise the investment in UPOL, the manufacturer of automotive refinish products including body fillers, coatings, aerosols, polishing compounds and consumables. The transaction is subject to regulatory approval and is expected to complete in the second half of 2021.

The investment in UPOL was valued at GBP10.5m in the Preliminary Unaudited Net Asset Value at 31/3/21 published on 4 May 2021. Proceeds from the sale, including redemptions of loan stock since 31/3/21, are expected to amount to GBP21.8m (an uplift of GBP11.3m, or 62.4p per share), consisting of capital of GBP19.5m and income of GBP2.3m.

Following regulatory approval being received the Board intends to announce a distribution to shareholders.

END

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July 07, 2021 08:13 ET (12:13 GMT)

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