Intermediate Capital Group plc Announces Realis...

Intermediate Capital Group plc Announces Realisation

9 May 2014

Intermediate Capital Group plc announces realisation

Further to prior announcements of realisations, Intermediate Capital Group plc ("ICG") announces that the mezzanine investments made by ICG, other members of its group and the ICG European Fund 2006 (the "Fund") in the Applus Group will be realised following the IPO of Applus. The original investment totalled €118m; total proceeds being repaid at the time of exit will be €163.2m, with 55.93% of the proceeds being received by ICG and its group and the remainder received by the Fund. In addition, the company will shortly repay a substantial part of the equity investment. Total proceeds received as a result of this equity repayment are expected to amount to approximately €33m. ICG continues to hold a minority equity stake following the realisation. Applus is headquartered in Spain and is a leading inspection, certification and technological services company in both the automotive and non-destructive testing and inspection markets.

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




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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intermediate Capital Group plc via Globenewswire

HUG#1784240
UK 100

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