North Atlantic Smlr Co Inv Tst PLC Acquisition of Sureserve Group Plc (0539X)
21 Aprile 2023 - 10:36AM
UK Regulatory
TIDMNAS
RNS Number : 0539X
North Atlantic Smlr Co Inv Tst PLC
21 April 2023
NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC
Sureserve Group Plc
The directors are pleased to note the proposed acquisition of
Sureserve Group Plc. The offer price represents a 40p premium to
the 31(st) March 2023 share price which will increase NASCIT's net
asset value by GBP8m (and approximately GBP10m including NASCIT's
pro rata share of Oryx International Growth Fund Limited's own
holding of Sureserve Group Plc shares). On completion the sale will
represent a profit of just over GBP16m since purchase.
At the end of March 2023 NASCIT's cash and cash equivalents
balances amounted to circa GBP95m and the sale on completion will
increase this to approximately GBP120m.
Enquiries:
Christopher Mills and Christopher Hart
020 7640 3200
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ACQSEDSAFEDSEDL
(END) Dow Jones Newswires
April 21, 2023 04:36 ET (08:36 GMT)
Grafico Azioni North Atlantic Smaller C... (LSE:NAS)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni North Atlantic Smaller C... (LSE:NAS)
Storico
Da Giu 2023 a Giu 2024