Asset Sale Completion

RNS Number : 1938H
Schroder UK Public Private Tst plc
04 April 2022
 

Schroder UK Public Private Trust plc (the "Company")

 

Asset Sale Completion

 

The Company (LSE: SUPP) is pleased to announce the completion of the sale of its holding in Seedrs Limited ("Seedrs") to a global institutional investment management firm receiving cash proceeds of £12 million .

 

For further information on the transaction, investors can refer to the announcement made by the Company on 1st December 2021.

 

The valuation impact of the transaction has already been very largely reflected in the Company's net asset value with the AIFM increasing the valuation of the holding by 29.7% from £9.1 million as at 30 June 2021 to £11.8 million as at 30 September 2021.

 

 

Enquiries:

 

Schroder Investment Management Limited

 

Estelle Bibby (Press)  0207 658 3431

John Spedding                                 0207 658 3206

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DISUSRSRUKUSRAR

Companies

Schroders Capital Global Innovation Trust (INOV)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today