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TMT Tmt Investments Plc

3.62
-0.06 (-1.63%)
24 Apr 2024 - Closed
Delayed by 15 minutes
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
  -0.06 -1.63% 3.62 3.52 3.72 3.60 3.60 3.60 3,493 16:35:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Brokers & Dealers -79.75M -81.39M -2.5879 -1.39 113.23M

TMT Investments PLC Portfolio Update (7304D)

28/06/2019 7:01am

UK Regulatory


Tmt Investments (LSE:TMT)
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From Apr 2019 to Apr 2024

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TIDMTMT

RNS Number : 7304D

TMT Investments PLC

28 June 2019

28 June 2019

TMT INVESTMENTS PLC

("TMT" or the "Company")

Portfolio update

TMT Investments PLC (AIM: TMT.L), the venture capital company investing in high-growth technology companies, is pleased to announce that its portfolio company Bolt (formerly known as Taxify), a leading international ride-hailing and transportation company (www.bolt.eu), has completed a new funding round. The transaction represents a revaluation uplift of US$5.04 million (or 29.5%) in the fair value of TMT's investment in Bolt, compared to the previous reported amount as of 31 December 2018.

This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information contact:

 
TMT Investments PLC              +44 (0)1534 281 800 
 Alexander Selegenev              (Computershare - Company Secretary) 
 Executive Director 
 www.tmtinvestments.com           alexander.selegenev@tmtinvestments.com 
Strand Hanson Limited 
 (Nominated Adviser) 
 Richard Tulloch / James Dance 
 / Eric Allan                    +44 (0)20 7409 3494 
Hybridan LLP 
 (Broker) 
 Claire Louise Noyce             +44 (0)20 3764 2341 
Kinlan Communications            +44 (0)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 invested in over 45 companies to date and has latest announced net assets of US$90m. 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

June 28, 2019 02:01 ET (06:01 GMT)

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