7th Mar 2016 13:22
LONDON (Alliance News) - HG Capital Trust PLC said Peter Dunscombe, a non-executive director, bought 1,500 shares at 1,057.91 pence each Monday.
The trust also said Catherine Dunscombe, a connected person of Peter Dunscombe, acquired 500 shares at 1,060.00p each on Monday.
After the purchases Peter Dunscombe now has an interest in 6,000 shares, equivalent to 0.01% of the total voting rights in the company.
Private equity firm HgCapital on Monday said its portfolio of investments has continued to trade strongly, generating double-digit revenue and Ebitda growth, boosting listed vehicle HgCapital Trust in 2015, and expects to see opportunities to sell investments at attractive valuations in the medium term.
HgCapital Trust, which offers access to deals made by investment manager HgCapital, on Monday reported a total return, assuming reinvestment of all historic dividends, of 14.1% in 2015, citing "healthy trading" in its portfolio of investments. The trust's net asset value rose to 1,420 pence from 1,278p over the course of 2015, and sat at 1,455p on February 29.
Shares in the trust were up 7.5% at 1,075.00p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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