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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Edge Performance Vct Plc | LSE:EDGH | London | Ordinary Share | GB00B44VMB16 | H SHS 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 45.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMEDGH TIDMTTM TIDMEDGI
RNS Number : 8758S
Edge Performance VCT PLC
18 November 2021
Edge Performance VCT plc (the "Company")
Sale of Unity Shares
The Board is pleased to announce that the Company has realised approximately 90% of its holding in Unity Software Inc (Unity) for GBP10.9m in cash at an average price per share of GBP144.
Valuing the Company's remaining Unity shareholding at yesterday's closing price, this represents a 20X return on initial investment.
This has significantly reduced the Company's exposure to this stock, although the Company has retained 10% of its holding as at 31 August in Unity Software Inc. The Investment Manager is confident that it can identify suitable attractive opportunities to invest these cash proceeds in accordance with the Company's investment policy.
For further information, please contact:
Edge Investments Limited, Investment Manager: info@edge.vc
The City Partnership (UK) Limited, Company Secretary: enquiries@city.uk.com
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(END) Dow Jones Newswires
November 18, 2021 10:35 ET (15:35 GMT)
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