Quester VCT Plc
Realisation Update
The Board of Quester VCT Plc (QVCT) announces the following successful
realisations:
Footfall Limited, a leading provider of customer counting technology and
statistics, was sold in December 2005 to Experian. The sale generated cash
proceeds of £5.6 million for QVCT against a carrying value of £2.9 million,
following the merger with Quester VCT 2 plc and Quester VCT 3 plc.
The sale of Dycem, the non-slip flooring and contamination control material
manufacturer, in December 2005 generated cash proceeds of £385,000 which
compare to a post merger carrying value of £373,000.
The sale of the holding in International Resources Group, a leading
executive search and selection firm, in December 2005 generated proceeds of £1
million against a post merger carrying value of £0.4 million.
For further information please contact:
Janet Chalkley, Quester VCT Plc: 0207 222 5472
20 January 2006
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.