Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
North Atlantic Smaller Companies Investment Trust PLC - investor in smaller companies based in countries bordering the North Atlantic Ocean - Announces sale of Performance Chemicals for £11.6 million. The company was held in the unquoted portfolio and had a cost basis of around £230,000. The sale is at a modest uplift from the August dollar valuation, and the company says there will be a further uplift of around $1.0 million if the earn out is achieved and escrows are released as expected.
Current stock price: 3,955.00 pence, down 0.1% in London on Thursday afternoon
12-month change: up 13%
Copyright 2024 Alliance News Ltd. All Rights Reserved.