14 February 2014
Intermediate Capital Group plc announces realisation
Further to prior announcements of realisations, Intermediate Capital Group plc ("ICG") announces that the remaining mezzanine investment made by ICG in Loewen Play has been realised. The original amount of this investment, made in April 2008, was 47.9m, with a portion of the investment being held on trust for the ICG European Fund 2006 (the "Fund"). Total proceeds received at the time of exit were 60.7m with 75.1% of the proceeds being received by ICG and the remainder received by the Fund. ICG will continue to hold a minority equity instrument in Loewen Play following the realisation. Loewen Play is a leading gaming arcade operator in Germany.
ICG will continue to make the market aware of significant realisations.
Investor Enquiries:
Ian Stanlake
Investor Relations, ICG plc
+44 (0) 20 3201 7880
Media Enquiries:
Helen Barnes
Corporate Communications, ICG plc
+44 (0) 20 3201 7760
Neil Bennett
Maitland
+44 (0) 20 379 5151