Portfolio Update

RNS Number : 4690F
Dunedin Enterprise Inv Trust PLC
21 March 2022
 

Dunedin Enterprise Investment Trust PLC ("the Company")

 

Date:  21 March 2022

LEI:   213800E2VLUZ5AF9Z434

 

Incremental realisation

 

Dunedin Enterprise Investment Trust PLC ("DENT") is pleased to announce the realisation of Incremental, the market-leading IT services platform which designs implements and supports clients with ERP/CRM systems and cloud infrastructure. 

 

Proceeds received, after the payment of carried interest in Dunedin Buyout Fund III LP, amount £7.9m, consisting of capital of £7.1m and income of £0.8m.  This compares to a valuation net of carried interest at 31 December 2021 of £4.8m. 

 

The uplift on the 31 December 2021 valuation is £3.1m, equivalent to 23.4p per share.

 

 

For further information please contact:

Dunedin LLP

Graeme Murray    07813138367

 

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