17th Sep 2021 16:42
TMT Investments PLC - venture capital investor in high-growth technology companies - Since publishing interim results on August 18, sells 11% of interest in contract management software provider PandaDoc for USD2.0 million, reflecting 30% uplift from June 30 valuation.
In addition, will sell entire Depositphotos stake for USD14.3 million, representing 32% uplift to June 30 valuation. Both sales are expected to result in a combined increase in company's net asset value equivalent to 26 US cents per share.
Current stock price: USD10.88
Year-to-date change: up 37%
By Dayo Laniyan; [email protected]
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