Investment Company PLC Prospectus Correction (6102D)
22 Giugno 2023 - 12:01PM
UK Regulatory
TIDMINV
RNS Number : 6102D
Investment Company PLC
22 June 2023
22 June 2023
The Investment Company plc
(the "Company")
Prospectus Correction
It has come to our attention that the Prospectus, dated 9 June
2023, contained a typographical error in paragraph 2 of Part II:
Investment Proposition. This point has been revised and restated
below with the corrected sentence underlined. No other changes have
been made.
2 Investment process, investment screening, project evaluation and sell discipline
The Proposed Manager intends to use a three-stage screening
process to identify investable candidates. Firstly, it will filter
all companies outside the FTSE 100 on AIM, the AQSE and the Main
Market through a quantitative screening process to identify the
financial characteristics it is looking for:
-- adjusted net income to free cash flow of at least 70 per cent.;
-- revenue growth of at least 2.5 per cent.;
-- net debt to EBITDA less than 2x;
-- gross margin greater than 20 per cent.; and
-- working capital intensity less than 30 per cent.
Each company must meet at least 4 out of 5 criteria, but always
meet the cash flow requirement.
Enquiries
The Investment Company
Ian Dighé, Chairman +44 (0) 20 3934 6630
info@theinvestmentcompanyplc.co.uk
Singer Capital Markets - Corporate
Broker +44 (0)20 7496 3000
James Moat / Alex Bond / James
Fischer
ISCA Administration Services
Limited
Company Secretary +44 (0) 1392 487056
LEI: 2138004PBWN5WM2XST62
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END
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