REG - Princess Private Eq. Princess Priv E-PEYS - NAV increases by 0.7% in January

Partners Private EquityAnnouncement

01/03/2023 09:45

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RNS Number : 5015R  Princess Private Equity Holding Ltd  01 March 2023

News Release

 

Guernsey, 1 March 2023

 

NAV increases by 0.7% in January

 

·     Princess Private Equity Holding Limited's ("Princess" or the
"Company") net asset value increased by 0.7% to EUR 14.72 per share, total NAV
at EUR 1'017.97 million

·      Portfolio revaluations were positive (+1.1%) and currency
movements were negative (-0.2%)

·      Princess received distributions of EUR 1.3 million

 

In January, Princess' net asset value increased by 0.7% and continued its
positive trend. One of the largest drivers was Ammega, the global leader in
mission critical belting solutions, which saw its valuation increase over the
period following robust financial performance. The company continues to
benefit from its ongoing cost saving initiatives and key value creation
workstreams.

 

Global Blue, the leading provider of refund and foreign exchange services for
international travelers, also contributed positively to this month's
performance. The valuation of the NYSE-listed company increased reflecting the
ongoing recovery of travel volumes globally. Global Blue reported improvements
across all geographical segments, especially in Europe and the US.

 

Princess received distributions of EUR 1.3 million during the month,
predominantly from the mature legacy fund portfolio and debt investments.

 

 

Further information is available in the monthly report, which can be accessed
via:
http://www.princess-privateequity.net/en/investor-relations/financial-reports/.

 

Ends.

 

About Princess

Princess is an investment holding company founded in 1999 and domiciled in
Guernsey. It invests, inter alia, in private equity and private debt
investments. Princess is managed in its investment activities by Partners
Group, a global private markets investment management firm with USD 135
billion in investment programs under management in private equity, private
debt, private real estate and private infrastructure. Princess aims to provide
shareholders with long-term capital growth and an attractive dividend yield.
Princess is traded on the Main Market of the London Stock Exchange (ticker:
PEY for the Euro Quote; PEYS for the Sterling Quote).

 

Contacts

Princess Private Equity Holding Limited:

princess@partnersgroup.com

www.princess-privateequity.net

 

Registered Number: 35241

 

LEI: 54930038LU8RDPFFVJ57

 

Investor relations contact

Sarah Page

Phone: +44 20 7575 2695

Email: sarah.page@partnersgroup.com

 

Media relations contact

Jenny Blinch

Phone: +44 207 575 2571

Email: jenny.blinch@partnersgroup.com

 

www.partnersgroup.com

 

This document does not constitute an offer to sell or a solicitation of an
offer to buy or subscribe for any securities and neither is it intended to be
an investment advertisement or sales instrument of Princess. The distribution
of this document may be restricted by law in certain jurisdictions. Persons
into whose possession this document comes must inform themselves about and
observe any such restrictions on the distribution of this document. In
particular, this document and the information contained therein are not for
distribution or publication, neither directly nor indirectly, in or into the
United States of America, Canada, Australia or Japan.

 

This document may have been prepared using financial information contained in
the books and records of the product described herein as of the reporting
date. This information is believed to be accurate but has not been audited by
any third party. This document may describe past performance, which may not be
indicative of future results. No liability is accepted for any actions taken
on the basis of the information provided in this document. Neither the
contents of Princess' website nor the contents of any website accessible from
hyperlinks on Princess' website (or any other website) is incorporated into,
or forms part of, this announcement.

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