Disposal of investment in The One-Page Company

RNS Number : 9058O

TMT Investments PLC

12 August 2014

 



12 August 2014

TMT INVESTMENTS PLC

("TMT" or the "Company")

Disposal of investment in The One-Page Company, Inc.

TMT, which invests in high-growth, internet-based companies across a variety of sectors, is pleased to announce the sale of its entire equity stake in The One-Page Company, Inc. ("One-Page").

TMT's total consideration received pursuant to the transaction is US$509,740, representing an internal rate of return ("IRR") of 32%.  TMT originally invested US$250,000 in One-Page on 06 February 2012.

The transaction was completed on 11 August 2014.

For further information contact:

TMT Investments Plc Mr. Alexander Selegenev www.tmtinvestments.com	[phone] [e-mail]
ZAI Corporate Finance Ltd. NOMAD and Broker Richard Morrison/Irina Lomova	[phone]
Kinlan Communications David Hothersall	Tel. [phone] [e-mail]

About One-Page

One-Page builds corporate software-as-a-service ("SaaS") solutions and consumer internet proposal platform that enables users to systematically create, solicit, distribute, and negotiate one-page proposals between individuals and companies from anywhere around world.

About TMT Investments

TMT Investments PLC invests in high-growth, internet-based companies across a variety of sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has raised USD33m and invested in over 30 companies to date. The company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com

 

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