RCS - Kelso Group Holdings - Mello2023 Investor Conference

Kelso groupAnnouncement

19/05/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230519:nRSS9556Za&default-theme=true

RNS Number : 9556Z  Kelso Group Holdings PLC  19 May 2023

 

19 May 2023

Kelso Group Holdings Plc ("Kelso" or the "Company")

 

Mello2023 Investor Conference

 

Kelso, the main market listed investment company, is pleased to announce that
the Company will be presenting and exhibiting at the Mello2023 investor
conference on Tuesday 23rd May 2023, to be held at the Clayton Hotel Chiswick,
Chiswick High Road, London, W4 5RY.

 

John Goold, CEO of Kelso, will be presenting on the day and the investor
presentation will be uploaded to the Company's website following the
conference.

 

Investors wishing to attend can find more details at www.melloevents.com
(http://www.melloevents.com) .

 

For further information please contact:

 

 Kelso Group Holdings plc                     +44 (0) 75 4033 3933
 John Goold, Chief Executive Officer

 Mark Kirkland, Chief Financial Officer

 Jamie Brooke, Chief Investment Officer

 Zeus (Broker)                                +44 (0) 20 3829 5000
 Nick Cowles, Matt Hogg (Investment Banking)

 Ben Robertson (Corporate Broking)

 

About Kelso

Kelso was established in 2022 to identify, engage and unlock trapped value in
the UK stock market. Kelso's strategy is to invest in situations where there
is an anomaly between the intrinsic value and prospects of a company and its
stock market valuation. Kelso will, in particular, look for situations where
it believes the sum of the parts of a business is greater than the current
value. The company completed a fundraising of £3m in January 2023. Kelso
believes that the current market conditions are such that there are situations
where UK listed companies' valuations are not appropriately matched to their
underlying intrinsic value. There may be instances where Kelso itself could be
used as a vehicle by an undervalued company to spin off a subsidiary into its
own listing. Such a transaction would undoubtedly constitute a reverse
takeover for Kelso.

 

END

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAEAXSPFDSDEFA