15th May 2006 17:01
Avanti Capital PLC15 May 2006 Avanti Capital plc ("the Company") Share buy back 15 May 2006 The Company has purchased for cancellation 25,000 ordinary shares in the capitalof the Company at 149p per share. It is the Company's current intention to continue to use the authority grantedby its shareholders to buy back shares whilst the share price remains at adiscount to its stated net asset value. Contact: Avanti Capital plc 020 7070 7070 Julian Fellerman, Joint CEO Richard Kleiner, Joint CEO Notes to Editors Avanti Capital is a private equity company. Unlike conventional close endedprivate equity funds, Avanti has no set investment timetable and focuses on thequality of individual investments rather than a portfolio strategy-led highquantity investment ethic. Avanti has an executive team with extensive experience of investing in andrunning companies across a wide range of sectors. The professional backgroundsand business experience of the executive team enable Avanti to see value insituations which may be unattractive to the other investors. The presence ofstructural issues within business are seen as an opportunity to create morevalue from any particular investment. Avanti's approach to investments is both rigorous and discerning and reflectsthe fact that it is seeking exceptional opportunities to invest in businesseswith high quality management teams and where Avanti's own management can feeltruly passionate about the business's prospects. Avanti's investment criteria are as follows: - • European businesses • Strong management with a proven track record • Wide ranging businesses, which show the potential for materialgrowth in the short to medium term, including consumer brands, leisure, retailand specialist support services • Undervalued businesses or assets in both the public and privatearena • Where appropriate, the company will seek to raise debt financeto part fund any investment Avanti Capital is listed on the Alternative Investment Market of the LondonStock Exchange and therefore offers shareholders participation in private equitydeals through a quoted vehicle. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AVA.L