26th Apr 2007 16:24
Wellstream Holdings PLC
Not for publication, distribution or release in the United States of America, Canada, Japan or Australia.
Candover Investments plc announces that Wellstream Holdings PLC, a Candover 2001 Fund portfolio company, has been successfully floated on the London Stock Exchange, resulting in a partial realisation for Candover.
Conditional dealings commenced today, with admission to the official list expected to occur on 1 May 2007.
The partial sale of Wellstream results in an uplift of ‚£13.3 million compared to the 31 December 2006 valuation of Wellstream, equivalent to an increase of 61p per share (unaudited) in the net asset value of Candover Investments plc at that date.
27 April 2007
This announcement is not an offer of securities for sale in the United States or in any other jurisdiction. The securities discussed herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the US Securities Act. No public offering of the securities discussed herein is being made in the United States. This announcement is not for distribution directly or indirectly in or into the United States, Canada, Australia or Japan or to US persons.
CANDOVER INVESTMENTS PLCRelated Shares:
CDI.L