Schroder UK Public Private Tst plc Asset Sale Completion (1938H)
04 Abril 2022 - 11:09AM
UK Regulatory
TIDMSUPP
RNS Number : 1938H
Schroder UK Public Private Tst plc
04 April 2022
Schroder UK Public Private Trust plc (the "Company")
Asset Sale Completion
The Company (LSE: SUPP) is pleased to announce the completion of
the sale of its holding in Seedrs Limited ("Seedrs") to a global
institutional investment management firm receiving cash proceeds of
GBP12 million .
For further information on the transaction, investors can refer
to the announcement made by the Company on 1(st) December 2021.
The valuation impact of the transaction has already been very
largely reflected in the Company's net asset value with the AIFM
increasing the valuation of the holding by 29.7% from GBP9.1
million as at 30 June 2021 to GBP11.8 million as at 30 September
2021.
Enquiries:
Schroder Investment Management Limited
Estelle Bibby (Press) 0207 658 3431
John Spedding 0207 658 3206
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END
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April 04, 2022 10:09 ET (14:09 GMT)
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