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IN BRIEF: BMO Private Equity Net Asset Value Dips In Third Quarter

20th Nov 2020 16:29

BMO Private Equity Trust PLC - investment in unlisted companies - As at September 30, net asset value per share was 388.68 pence, down from 390.81p the same date the year before. NAV total return for the three months period was 2.1%.

Declares quarterly dividend of 3.99 pence per share.

"The company's portfolio has so far proven encouragingly resilient, and requirements for re-financings have been smaller than anticipated. We therefore remain very confident that the company is well placed to come through the crisis, and to continue to build long-term value for its shareholders," said Investment Manager Hamish Mair.

Current stock price: 323.92 pence

Year-to-date change: down 14%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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