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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Quester Vct 4 | LSE:QUT | London | Ordinary Share | GB0002098969 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 18.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
QUESTER VCT 4 PLC ANNOUNCES SALE OF ITS STAKE IN NOMAD PAYMENTS LIMITED TO METAVANTE TECHNOLOGIES, INC. 10 January 2008, London - Quester VCT 4 plc ("the Company") has sold its stake in Nomad Payments Limited ("Nomad"), a provider of prepaid and debit card processing and licensed software, to Metavante Technologies, Inc. ("Metavante") (NYSE: MV), a leading provider of banking and payments technology. Nomad has been acquired by Metavante for a purchase price of approximately $58 million. The Company has been an investor in Nomad since 2001 and participated in a number of funding rounds to a total cost of £1.6 million. Proceeds receivable by the Company amount to £3.0 million of which £2.5 million has been received in cash on completion and £0.5 million will be held in escrow for a further period. The transaction, including the consideration held in escrow, has the effect of increasing the net asset value of the Company by 3.1p per share (unaudited). Enquiries: SPARK Venture Management Limited Nghi Tran, Company Secretary 020 7851 7777 Capital MS&L Annabel O'Connor 020 7307 5339 END
1 Year Quester Vct 4 Chart |
1 Month Quester Vct 4 Chart |
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