BenevolentAI

RNS Number : 6590M

Woodford Patient Capital Trust PLC

17 September 2019

 

17 September 2019

Woodford Patient Capital Trust plc

LEI: 2138008X94M7OVE73I77

BenevolentAI

Further to the announcement by the Company on 12 September regarding the revaluation by Link Fund Solutions Limited ("Link") of one of the Company's holdings, the Company is now able to confirm that it is BenevolentAI.  

The Company notes and welcomes today's announcement from BenevolentAI regarding the investment of $90 million from Temasek. The capital raised provides funding for its next stage of development and introduces a new, high quality, long-term institutional investor. 

Enquiries:

FTI Consulting

Ed Berry / Tom Blackwell                              0203 727 1046 / 1051

 

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