23rd Mar 2020 19:03
(Alliance News) - Dunedin Enterprise Investment Trust PLC said Monday it has successfully realised its investment in insurance services provider Kingsbridge.
Dunedin's investment was valued at GBP8.9 million at the end of 2019, but made GBP10.4 million from the sale.
As a result, the trust's NAV per share got a 5.8 pence boost. At December 31, the trust's NAV per share stood at 437.7p, with its unlisted investments valued at GBP79.2 million.
Shares in Dunedin Enterprise closed down 5.6% in London on Monday at 218.00 pence each.
By Paul McGowan; [email protected]
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