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Disposal of stake in Sunlight Education Nucleus

12th May 2022 09:59

RNS Number : 2670L
Puma VCT 12 PLC
12 May 2022
 

 

Puma VCT 12 plc (the "Company")

 

12 May 2022

 

Disposal of stake in Sunlight Education Nucleus Limited

 

The Board of Puma VCT 12 plc is pleased to announce that Sunlight Education Nucleus Limited ("SEN") has been acquired. In November 2017 the Company invested £2,350,000 in SEN. The exit represents a 3.2x return on the Company's equity investment. This follows the successful exit of Tictrac Limited on 3 May 2022.

 

SEN is a provider of special educational needs schools in the Midlands run by an expert management team with a proven track record of sourcing, developing and launching highly successful special needs educational settings.

 

For further information please contact:

 

Graham Shore

Puma VCT 12 plc

020 7408 4050

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