REG - Dunedin Enterprise - Portfolio Update

Dunedin Enterprise Investment TrustAnnouncement

26/02/2021 07:00

RNS Number : 4030Q
  
Dunedin Enterprise Inv Trust PLC
  
26 February 2021
  
 

To:                       RNS
From:                   Dunedin Enterprise Investment Trust PLC ("the Company")
Date:                     26 February 2021
LEI:                      213800E2VLUZ5AF9Z434 
 
 
Hawksford partial realisation
 
Dunedin Enterprise Investment Trust PLC is pleased to announce that regulatory approval has now been granted for the injection of growth capital from a new majority investor into Hawksford, together with a partial realisation of the investment. Hawksford is a leading provider of corporate, private client and fund services, 
 
Dunedin Enterprise will retain a 5% interest in Hawksford. 
 
At 31 December 2020 the investment in Hawksford was valued at £6.9m .  Proceeds now received by Dunedin Enterprise from the transaction amount to £6.9m, consisting of capital of £6.3m and income of £0.6m.
 
 
 
For further information please contact:
Dunedin LLP
Graeme Murray                                  0131 718 2310
 

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