REG - North Atlantic Smlr - Private Equity investment disposal

North Atlantic Smaller Companies Investment TrustAnnouncement

12/10/2023 07:00

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RNS Number : 8336P  North Atlantic Smlr Co Inv Tst PLC  12 October 2023

 

12 October 2023

North Atlantic Smaller Companies Investment Trust PLC

("NASCIT")

 

 

 

 

 

NASCIT is pleased to announce that Harwood Private Equity Fund V (in which
NASCIT has a substantial investment) sold on Wednesday 11(th) October one of
its private equity holdings, Assisi Pet Care.  On a look-through basis NASCIT
invested £3.6m over the course of three years via a buy and build investment
strategy and expects to receive at the closing, approximately £11m. This
represents an uplift on the 30(th) June 2023 valuation of approximately
£7.6m.

 

 

 

Enquiries:

Christopher Hart            Chief Operating Officer

0207 7640 3200

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