7th Feb 2011 10:29
TAU CAPITAL PLC
("Tau" or "the Company")
Investor Presentations
The Company will be making a number of presentations to investors this week and the presentation that they will be using has today been posted on the Company's website at www.taucapitalplc.com.
Two statements made in the presentation in relation to the Company's private equity investments are potentially price sensitive and the Company has set these out below.
STOPHARM LLP ("Stopharm")
The 2010 full year revenues* for Stopharm have increased by 88.1% to $171.3m compared to the financial year ended December 2009. Over the same period the EBITDA margin* increased from 2.1% to 6.1%. In the period after the Company's investment closed (September to December 2010), the revenue* was 121% higher than budgeted for that period.
ALEM COMMUNICATIONS HOLDING (DTVI)
As at 31 December 2010 the total number of subscribers was 218,678 RGU (all business lines), with an increase of 16% in the period from June to December 2010. In addition the monthly revenue number* for December 2010 was $1.668m, up 26.8% from $1.315m for the month of June. EBITDA margin* for the month of December 2010 is estimated to be 13%.
*All financials are provisional and are derived from management accounts and subject to review and restatement.
--ENDS--
Further information, please contact:
Compass Asset Management Brian O'Callaghan | Tel: +7 727 356 0356 |
Richard Horlick |
Tel : +44 (0) 7770 496207
|
IOMA Fund and Investment Management Ltd Philip Scales | Tel: +44 (0) 1624 681381 |
Numis Securities Ltd Nominated Adviser: Nick Westlake / Hugh Jonathan Corporate Broking: Alex Ham | Tel: +44 (0) 20 7260 1000
|
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