Proposed Secondary Placing

RNS Number : 2754Y

BMO Private Equity Trust PLC

13 January 2022

 

To: Stock Exchange	For immediate release:
	13 January 2022

This announcement is released by BMO Private Equity Trust PLC and qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").

BMO Private Equity Trust PLC

LEI: 2138009FW98WZFCGRN66

Proposed Secondary Placing

BMO Private Equity Trust plc ("BPET" or the "Company") has been advised that a shareholder is proposing to sell in aggregate 2.8 million shares of the Company, representing approximately 3.8 per cent of the Company's issued share capital.

The Company's corporate broker, Singer Capital Markets, is working with the potential seller in respect of the sale. The current intention is to conclude the sale by no later than 21 January 2022.

Institutions and other professional investors should contact Singer Capital Markets to express an interest.

The Company is not a party to the above placing and will not receive any proceeds from any sale of shares.

For further information please contact

BMO Private Equity Trust PLC
Hamish Mair (Investment Manager)	0131 718 1000
Scott McEllen (Company Secretary)	0131 718 1000
[e-mail]   /  [e-mail]

Singer Capital Markets
Alan Ray / Robert Peel (Investment Banking)	0207 496 3000
James Waterlow (Sales)	0207 496 3031

 

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