AATG Albion Technology & General Vct Plc

 
TIDMAATG 
 

ALBION TECHNOLOGY & GENERAL VCT PLC

LEI Code 213800TKJUY376H3KN16

PORTFOLIO UPDATE

Albion Technology & General VCT PLC ("the Company") is pleased to announce that it has sold a proportion of its holding in Quantexa Limited at its current holding value, with the aim of managing its concentration risk.

The proceeds for the Company are GBP3.4m, equating to a 10.3 times return on its weighted average investment cost. This decreases the Company's holding in Quantexa to 18.4% of the Company's most recently announced NAV.

The value of the Company's remaining holding in Quantexa, following this transaction, is GBP24.9m.

The disposal was realised at the Company's current valuation, which crystalises a portion of the unrealised gain. There is no impact on the Company's NAV resulting from this transaction.

For further information please contact:

Vikash Hansrani

Operations Partner

Albion Capital Group LLP

Telephone: 020 7601 1850

6 October 2023

(END) Dow Jones Newswires

October 06, 2023 07:00 ET (11:00 GMT)

Albion Technology & Gene... (LSE:AATG)
Graphique Historique de l'Action
De Jan 2025 à Fév 2025

Albion Technology & Gene... (LSE:AATG)
Graphique Historique de l'Action
De Fév 2024 à Fév 2025