REG - Dunedin Enterprise - Portfolio Update

Dunedin Enterprise Investment TrustAnnouncement

21/03/2022 12:45

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RNS Number : 4690F  Dunedin Enterprise Inv Trust PLC  21 March 2022

Dunedin Enterprise Investment Trust PLC ("the Company")

 

Date:                   21 March 2022

LEI:                     213800E2VLUZ5AF9Z434

 

Incremental realisation

 

Dunedin Enterprise Investment Trust PLC ("DENT") is pleased to announce the
realisation of Incremental, the market-leading IT services platform which
designs implements and supports clients with ERP/CRM systems and cloud
infrastructure.

 

Proceeds received, after the payment of carried interest in Dunedin Buyout
Fund III LP, amount £7.9m, consisting of capital of £7.1m and income of
£0.8m.  This compares to a valuation net of carried interest at 31 December
2021 of £4.8m.

 

The uplift on the 31 December 2021 valuation is £3.1m, equivalent to 23.4p
per share.

 

 

For further information please contact:

Dunedin LLP

Graeme Murray
07813138367

 

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