Portfolio Update

RNS Number : 4755C

Intl. Biotechnology Trust PLC

10 February 2020

 

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

Portfolio Update

The Board of International Biotechnology Trust plc (the "Company") have approved an uplift in the valuation of one of the Company's unquoted investments from £3.2 million to £7.5 million on a cost of £2.4 million to reflect improved projected sales data.

This increase in valuation was reflected in the Company's Net Asset Value on 7 February 2020. The increase in NAV per share in comparison to that released today is 11.27 pence per share.

BNP Paribas Secretarial Services Limited

Company Secretary 

Tel: [phone] 

10 FEBRUARY 2020

 

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