Princess Private Equity Share Discussion Threads

[hodgkisr] 23/12/2021 13:32

divi now credited by ii

[cwa1] 22/12/2021 17:57

I got the same, rather incredible, story from iDealing re it being a payment by cheque...

[hodgkisr] 22/12/2021 17:28

I phoned ii yesterday and was told that PEY send dividend cheques by post from Guernsey and the cheque hadn't arrived yet!!! I find this slightly unbelievable in this day and age, particularly as my YouInvest sipp account received the dividend on the 17th (the due date)

[whilstev] 22/12/2021 14:31

Still waiting for mine from ii will message them if not received by friday.

[cwa1] 22/12/2021 11:06

If you don't mind me asking dekle, which broker is that with?

Still nothing from either of mine

[bluemango] 21/12/2021 09:54

I think you'll agree the yield and share performance more than compensates for any small delay in payment ...

[cwa1] 21/12/2021 09:05

Agreed, not concerned either, it happens evry time with PEY. Though I did have one instance where it took several months before I got the PEY dividend-as the cheque they sent the broker got "lost in the post" and it was a bit of a nightmare :-(

They are the only holding I have that is persistently late re paying on or near to the due date though...

[bluemango] 21/12/2021 08:55

Also still waiting, CWA1. Different provider.

I expect it's a combination of weekend plus currency conversion. Not concerning.

[cwa1] 21/12/2021 08:07

Anyone had their dividend yet? Still waiting for mine in both brokerages.

Not unusual, of course, just wondering if anyone is quicker than ii or idealing?

[cwa1] 20/12/2021 17:18

Very modest director share purchase today:-

[cwa1] 11/11/2021 12:58

XD today, 17/12 is the pay day

[whilstev] 27/10/2021 14:13

NAV now 15.64 euros. Equivalent to a 5% divi of 78 cents.

[cwa1] 14/10/2021 07:44

Guernsey, 14 October 2021

Declaration of second interim dividend for FY 2021

The Board of Directors of Princess Private Equity Holding Limited ("Princess" or "the Company") today declares a second interim dividend of EUR 0.335 per share for FY 2021, in-line with previous guidance to distribute 5% of opening net asset value for each financial year, via semi-annual payments.

The second interim dividend will be paid on 17 December 2021. The relevant date for the entitlement to the dividend (record date) will be 12 November 2021 and the corresponding ex-dividend date will be 11 November 2021. The last dates for the currency election and the dividend re-investment plan will be 12 November 2021 and 26 November 2021 respectively.

[cwa1] 28/9/2021 17:20

Couple of director buys:-



and

[cwa1] 23/9/2021 07:25

Guernsey, 23 September 2021



NAV increases by 1.1% in August



· Princess Private Equity Holding Limited's (Princess or the Company) net asset value increased by 1.1% to EUR 15.49 per share

· Portfolio developments (+1.4%) were positive while currency movements were negative (-0.1%)

· Princess invested EUR 90.2 million and received distributions of EUR 18.5 million

[stemis] 06/9/2021 14:36

It's based on the net asset value in the previous financial statements.

[bluemango] 06/9/2021 13:52

Can anyone provide some clarity on the following please?

"From FY 2021, the Company intends to distribute 5% of opening net asset value, via semi-annual payments"

My question is, when is this snapshot of 'opening NAV' actually taken? E.g. at the time of deciding the dividend payment, whether interim or final? Maybe the start of the financial year or period in question? Or average over the period (in which case, why state 'opening')

[stemis] 26/8/2021 11:05

Yes, they've been a real buy and forget share

[whilstev] 26/8/2021 10:02

I am here as well, have been for about 5 years. Very happy with the steady strong performance here with a consistently rising NAV and good dividend at 5% of NAV (approx. 67 euro cents for this year and at current values 75 for 2022).

[dekle] 26/8/2021 09:43

Your are not alone. I have these and OIG which have done much better over the same period I think

[cwa1] 26/8/2021 07:20

I seem to be largely talking to myself here :-)

26 August 2021



News Release

Guernsey, 26 August 2021

NAV increases by 0.6% in July

-- Princess Private Equity Holding Limited's (Princess or the Company) net asset value increased by 0.6% to EUR 15.32 per share

-- Portfolio developments (+1.5%) were positive while currency movements were flat
-- Princess received distributions of EUR 265.6 million and invested EUR 15.1 million

[cwa1] 20/8/2021 13:14

Guernsey, 20 August 2021

Partners Group to sell Straive, a leading provider of technology-driven content and data solutions

Partners Group, the Investment Manager of Princess Private Equity Holding Limited ("Princess"), has, on behalf of its clients, agreed to sell Straive, formerly known as SPi Global, a leading global provider of technology-driven content and data solutions, to funds affiliated with Baring Private Equity Asia.

The transaction values Princess' stake in Straive at approximately USD 18.7 million. This compares to a carrying value of USD 17.9 million (EUR 15.1 million) at 30 June 2021.

Further information is available in the press release issued by Partners Group.

[cwa1] 13/8/2021 08:59

Princess Private Equity Holding Limited ("Princess" or the "Company") today published its Half-Year Report for 2021. The key items were:



· Net asset value ("NAV") increased to EUR 15.24 per share, representing a total return of +16.7% including the first interim dividend.

· Share price total return over the same period was +9.8%.

· The first interim dividend of EUR 0.335 per share was paid to shareholders in June, in line with the objective to distribute 5% of opening NAV for each financial year, via semi-annual payments in June and December.

· Valuation developments (+19.6%) were the key driver of NAV growth, while currency effects were slightly negative. The largest contributors to Princess' NAV growth were the investments in GlobalLogic, International Schools Partnership and SRS Distribution.

· Princess received distributions amounting to EUR 99.0 million during the first six months of 2021. EUR 92.7 million stemmed from direct investments, including proceeds from the sale of Cerba HealthCare, the exit of a minority position in Idera, and a dividend from Foncia. The balance of EUR 6.3 million was received from the Company's mature legacy fund portfolio.

· Investment activity totalled EUR 61.9 million including new investments in Telepass, Careismatic Brands, Wedgewood Pharmacy, Axia Women's Health, Ecom Express and a reinvestment in Idera.



Richard Battey, Chairman comments: "In the first six months of 2021 Princess continued to develop positively, with a number of investments contributing to NAV performance. It was an active period for both new investments and realizations, while the Company's mature legacy fund portfolio continued to generate liquidity. Following a recovery in market transaction volumes from the lows of 2020, further portfolio activity is expected in the second half of the year. In this supportive market environment, the Investment Manager continues to explore options to crystallize value on behalf of shareholders, and to redeploy capital into new investment opportunities to generate future NAV growth. "