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Candover Investments: Realisation of Investment in Technogym S.p.A

Tue 10th January, 2017 11:20am
10 January 2017

Candover Investments plc  

Candover Investments Plc ("Candover")* today announces the realisation of its
remaining investment in Technogym S.p.A ("Technogym"), which is managed by
Arle Capital Partners Limited.  The realisation follows the partial
realisation completed at the time of the initial public offering of Technogym
in April 2016.

Candover has disposed of the balance of its interest in Technogym for cash
proceeds of approximately €9.5 million (£8.3 million). Candover's interest
in Technogym was valued at £7.1 million in its unaudited accounts for the
period ended 30 June 2016.


* Candover means Candover Investments plc and/or one or more of its

For further information, please contact:

Candover Investments plc

Malcolm Fallen, CEO     +44 20 7489 9848

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