IN BRIEF: Patria net asset value falls amid exchange rate depreciation
28th Oct 2024 09:36
Patria Private Equity Trust PLC - Edinburgh, Scotland-based investment company - Estimates that its net asset value on September 30 was 758.9 pence per share, falling 1.6% from 771.6p per share on August 31. It says this reflected a 1.2% depreciation in euro versus sterling exchange rates, as well as a 2.1% depreciation in the US dollar versus sterling. It says the movement in net asset value also includes the "positive effects" of its ongoing share buyback programme. Read More