Portfolio and NAV update
July 02 2024 - 7:00AM
UK Regulatory
Portfolio and NAV update
Albion Technology & General VCT
PLC
LEI Code 213800TKJUY376H3KN16
Portfolio and NAV Update
On 24 April 2024, it was announced that KnowBe4
had entered into a definitive agreement to acquire Egress Software
Technologies, subject to customary closing conditions and
regulatory approvals.
We are pleased to announce that regulatory
approvals have now been received and the acquisition has now
completed. The sale of Egress returned over 7 times cost.
The impact on the Company’s NAV is an uplift of
0.58 pence per share (0.82%) to the 31 March 2024 unaudited NAV
(adjusted for the dividend paid on 29 June 2024).
After adjusting for the event above, the
effective unaudited NAV of the Company is now 71.22 pence per
share. This revised unaudited NAV only reflects an adjustment in
respect of the event referred to above and does not reflect a
revaluation of the entire portfolio.
For further information please contact:
Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Telephone: 020 7601 1850
2 July 2024
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