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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tmt Investments Plc | LSE:TMT | London | Ordinary Share | JE00B3RQZ289 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.03 | -0.84% | 3.53 | 3.50 | 3.56 | 3.56 | 3.54 | 3.54 | 12,668 | 16:35:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Security Brokers & Dealers | -79.75M | -81.39M | -2.5879 | -1.38 | 111.97M |
TIDMTMT
RNS Number : 3303M
TMT Investments PLC
27 July 2017
27 July 2017
TMT INVESTMENTS PLC
("TMT" or the "Company")
Partial disposal and revaluation of investment in a portfolio company.
TMT Investments PLC, the venture capital company which invests in high-growth, technology companies across a number of core specialist sectors, is pleased to announce that it has sold a part of its holding in one of its portfolio companies for US$400,000 to a private investor.
The transaction represents an approximately US$4.89 million (or 114%) uplift in the fair value of TMT's investment in the company compared to the latest reported amount as of 31 December 2016, and is equivalent to 17.6 cents in additional NAV per TMT share.
For further information contact:
TMT Investments plc +44 1534 281 843 Alexander Selegenev alexander.selegenev@tmtinvestments.com Executive Director www.tmtinvestments.com ZAI Corporate Finance Ltd. NOMAD Dugald J. Carlean/Ray Zimmerman +44 20 7060 2220 Hybridan LLP Broker Claire Louise Noyce +44 20 3764 2341 Kinlan Communications Tel. +44 20 7638 3435 David Hothersall davidh@kinlan.net
About TMT Investments Plc
TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has net assets of US$53m and has invested in over 40 companies to date. The company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com
This information is provided by RNS
The company news service from the London Stock Exchange
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July 27, 2017 09:42 ET (13:42 GMT)
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