Henderson Pr Share Discussion Threads

[badtime] 18/12/2012 18:24

Blimey sky...i use to slum it when i went 'boating' ...no tv no heating...shower if u were lucky!

[skyship] 18/12/2012 18:03

Ahh - sorry folks, I forgot, I'm retired so every day is a weekend - I just forget when it is that yours comes around!!!

BT - ask him to email you the link to the sale notice on the narrow boat - really a classy piece of kit - built-in dual trading screens, Bloomberg connection, jacuzzi, over-stocked bar & a very neat row of floral buckets on the port side - which you don't get to see...

[badtime] 18/12/2012 17:53

i've got to email Alan after footie ...might ask him about his boat/barge i use to love my canal holidays

[badtime] 18/12/2012 17:52

weekend? blimey sky where u off to its only tuesday lol

[skyship] 18/12/2012 17:14

AlanJI is buying a narrow boat - you'll have to meet up there sometime. Have a good weekend.

[badtime] 18/12/2012 17:13

Enjoy Tilts! I'm off to the Amex ..Millwall the visitors tonight

[tiltonboy] 18/12/2012 16:59

lol, I am actually just on my way out to our favourite canalside pub, and the local longboats will be the closest I get to a boat.

Going to have a beer for Adam.

[badtime] 18/12/2012 16:54

I heard tht as well sky ..apparently just uses it on the local reservoir ..typical north south divide .ther all rich north of Watford gap :)

[skyship] 18/12/2012 16:41

"This latest realisation activity meant that, at 31 October 2012, the Company's only remaining private equity assets were Advantage Healthcare, held by Rutland Fund I, and Rollfold Holdings and Boat International, both held by August Equity Partners I."

So, looks to me as though we have an NAV of 400p, split as to:

# CASH - £10m – 283p/share

# August Partners 1 – £4.15m - 117p/share

There are just two holdings to be disposed of:

Rollfold Hldgs – T/A Rixons Kitchens


Boat International Media:


Thoughts as to those final two anyone?

What about you Tilts – you've got a luxury yacht I hear!!!

[tiltonboy] 18/12/2012 16:37

Having a good run at the moment. I might pick a few more up if I can get them cheap enough.

[badtime] 18/12/2012 16:23

Tilts u must b feeling chipper about yur 10k buy

[tiltonboy] 18/12/2012 15:35

Excellent.

[skyship] 18/12/2012 15:33

Sure am - could well be that anything under 360p needs to be bought...

[badtime] 18/12/2012 15:30

Slight but worthwhile! Glad u topped up now sky:)

[skyship] 18/12/2012 15:29

Took a long time to come - but that slight increase was worth a nervous wait!

[skyship] 18/12/2012 15:27

18 December 2012

Henderson Private Equity Investment Trust plc (the `Company')

Significant Underlying Investment Realisation

The Company announces that Rutland Partners ("Rutland") has completed the sale
of Advantage Healthcare, an investment held by Rutland Fund I.

The Company valued its investment in Advantage Healthcare (before Rutland's
carried interest) at GBP8.3 million in its 30 November 2012 net asset value
announcement released to the market on 10 December 2012. Subject to final
confirmation, it is understood that the sale price achieved by Rutland was
approximately GBP0.7 million above that valuation.

Taking into account carried interest which will be due to Rutland, it is
estimated that the overall impact of the sale of Advantage Healthcare on the
Company's net asset value will be an increase of approximately GBP0.5 million,
equating to approximately 14.1p per share (based on the number of shares in
issue following completion of the Company's Third Tender Offer).

Details regarding the precise timing and amount of cash to be received by the
Company in relation to this sale will be provided as soon as possible.

[spectoacc] 18/12/2012 15:22

Finally RNS. 14p NAV uplift.

[spectoacc] 18/12/2012 14:25

Thanks @nickcduck, hadn't spotted that. Still no RNS.

[badtime] 18/12/2012 11:44

Doh sorry Alan ..I'm out working now ..so will resend the resend later

[alanji] 18/12/2012 11:37

badtime - no email are you using a 1 instead of an L - should be ADSL24.co.uk

[skyship] 18/12/2012 11:21

jaws - thnx, but no - none of the Annual Reports or factsheets help. In any event, the situation might have changed subsequently, though surely not as it is in wind-down...

Will just have to wait for an RNS - which should have been out by now for sure.

Added another 2000 @ 356p...

[badtime] 18/12/2012 11:04

I would have thought we would get a rns about it soon...dont u?

[jaws6] 18/12/2012 11:03

skyship
might be link in 556 will help for info

[skyship] 18/12/2012 11:00

If we knew the total value of the NoteMachine sale we could calculate pro-rata; unfortunately the total value wasn't disclosed...

[badtime] 18/12/2012 10:38

Must surely be a 2013 Q1 windup