Updated Net Asset Value

RNS Number : 3571Q

Edge Performance VCT PLC

25 February 2021

 

Edge Performance VCT plc (the "Company")  

Updated Net Asset Value

As at 10 February 2021, the value of the Company's holding in Unity was £10.2m.  This valuation was based on Unity's trading price as at 10 February 2021 of $127.51 per share and an exchange rate of $1:£0.72228.

The Company's unaudited net asset value ("NAV") per H share as at 10 February 2021 was 142.58p.

As at 22 February 2021, the value of the Company's holding in Unity had decreased from £10.2m to £9.1m (a decrease of 10.8%).  This decrease is based on Unity's trading price as at 22 February 2021 of $115.46 per share and an exchange rate of $1:£0.7112.

If the unaudited NAV per H share as at 10 February 2021 is revised to take account of (i) the revaluation as at 22 February 2021 of the Company's Unity holding and (ii) a valuation increase/(decrease) as at 22 February 2021 of approximately £262,000 and (£66,000) in the Company's listed holdings in Audioboom and Mirriad then the NAV per H share as at 22 February 2021 becomes 134.77p (142.58p as at 10 February 2021), a decrease of 5.5%. 

Any of the Company's shareholders who are interested in following the Unity share price and commentary on the company may find the website https://investors.unity.com/overview/default.aspx informative.

The Board emphasises that the NAV per H share as recalculated above is unaudited and reflects only the movements in the Company's listed shareholdings attributed to the H Shares.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

For further information, please contact:

Edge Investments Limited, Investment Manager:  [e-mail]

The City Partnership (UK) Limited, Company Secretary:  [e-mail]

 

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