Portfolio Update

RNS Number : 4187Q

Intl. Biotechnology Trust PLC

18 October 2011

 



INTERNATIONAL BIOTECHNOLOGY TRUST PLC

Portfolio Update

The Board of International Biotechnology Trust plc (the "Company") notes that the Company has received $8.6m (£5.5m) in cash from the exit of Cadent to Align Technology.  This receipt changes the proportion of the portfolio invested in unquoted stock from that reported in the last factsheet announcement from 26% to 19%.

Enquiries:

Kate Bingham/David Pinniger

Telephone: [phone]       

SV Life Sciences Managers LLP   

Investment Manager                                       

Rhona Gregg

Telephone: [phone]

BNP Paribas Secretarial Services Limited

Company Secretary

18 OCTOBER 2011

 

END

 

 

PFUBLBDGSDBBGBI