RCS - Pantheon Infrastrct. - Update from QuotedData

Pantheon InfrastructureAnnouncement

12/09/2023 10:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230912:nRSL1691Ma&default-theme=true

RNS Number : 1691M  Pantheon Infrastructure PLC  12 September 2023

Pantheon Infrastructure - Update from QuotedData

12(th) September 2023

Travelling in the right direction

Pantheon Infrastructure (PINT) is less than two years old and is still adding
to its portfolio. The most recent commitment is to Zenobe, a battery storage
and electric vehicle fleet specialist. This was in conjunction with
Infracapital - see page 5. This follows an investment in GlobalConnect (a
pan-Nordic data centre and fibre business), which offers the potential to
participate in the growth of demand for data across Northern Europe. It also
comes with a well-regarded sponsor in EQT - see page 6.

PINT's NAV is moving in the right direction and is underpinned by some fairly
conservative assumptions, including a 13.7% weighted average discount rate.
This is applied to PINT's forecast cash flows to calculate the net asset value
(NAV). Dividends are on track. In fact, you could say that everything is going
in the right direction. The one exception is PINT's share price, which,
instead of reflecting the NAV growth, has moved to trade on a double-digit
discount to NAV. This seems unjustified to us, but we recognise that
double-digit discounts are now commonplace for these types of funds. This
could represent a good buying opportunity for a long-term investor.

Full Research:

https://quoteddata.com/research/pantheon-infrastructure-travelling-direction-qd/
(https://quoteddata.com/research/pantheon-infrastructure-travelling-direction-qd/)

This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
and factsheets on every London listed Investment Company. QuotedData writes
and distributes research on a number of quoted companies, facilitates meetings
between those companies and existing and potential investors and assists in
raising additional capital where required.

NB: Marten & Co was paid to produce this note on Pantheon Infrastructure
Plc and it is for information purposes only. It is not intended to encourage
the reader to deal in the security or securities mentioned in this report.
Please read the important information at the back of this note. QuotedData is
a trading name of Marten & Co Limited which is authorised and regulated by
the Financial Conduct Authority. Marten & Co is not permitted to provide
investment advice to individual investors categorised as Retail Clients under
the rules of the Financial Conduct Authority.

QUOTEDDATA

50 Gresham Street | London EC2V 7AY

Tel: +44 (0) 20 3691 9430

www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com
(mailto:research@quoteddata.com) | www.martenandco.com
(http://www.martenandco.com)

 

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  NRANKBBPFBKKNCD