Gresham House Strategic PLC NAV Update (2412D)

TIDMGHS

RNS Number : 2412D

Gresham House Strategic PLC

29 January 2018

Gresham House Strategic plc

29 January 2018

Net Asset Value Update

Gresham House Strategic plc (the "Company"), announces that as at 26 January 2018 the unaudited net asset value (NAV) per ordinary share was 1,153.1 pence.

Pursuant to the announcement dated 16 August 2016 regarding the Strategic Co-Investment Agreement with Gresham House Strategic Public Equity Fund LP and the transfer of up to 3,875,969 shares in IMImobile plc, the above NAV calculation assumes that the 1,113,941 IMO shares that are expected to be automatically sold to Gresham House plc and Gresham House Strategic Public Equity Fund LP between the First Close and the Final Close are sold in full at a price of 193.5p per share, pursuant to the rebalancing exercise described in that announcement. Capitalised terms have the same meaning as within the announcement dated 16 August 2016.

The above NAV calculation is based on 3,654,504 ordinary shares with a nominal value of 50 pence each (the "Ordinary Shares").

For further information, please contact:

 
 Gresham House Strategic 
  plc                       David Potter    07711 450 391 
 
 Gresham House plc / 
  Gresham House Asset 
  Management Ltd 
  Investment Manager        Graham Bird     020 3757 5613 
 
 finnCap 
  (Nominated Adviser and    Matt Goode/ 
  Broker)                    Emily Watts    020 7220 0500 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 29, 2018 10:15 ET (15:15 GMT)