Investment Update: Performance Chemicals

North Atlantic Smlr Co Inv Tst PLC
03 October 2024
 

 

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North Atlantic Smaller Companies Investment Trust PLC

("NASCIT")

 

 

The Board of the Trust is pleased to announce the sale of Performance Chemicals for approximately £11.6 million.

The company, which is held in the Unquoted Portfolio, had a cost basis of approximately £230,000. The sale is at a modest uplift from the August Dollar valuation and there will be a further uplift of about $1,000,000 should the earn out be achieved and the escrows released as expected.

 

Enquiries:

Christopher Mills and Christopher Hart

020 7640 3200

 

 

 

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