North Atlantic Smlr Co Inv Tst PLC Investment Update: Ten Entertainment Group Plc (8523V)
December 06 2023 - 1:41AM
UK Regulatory
TIDMNAS
RNS Number : 8523V
North Atlantic Smlr Co Inv Tst PLC
06 December 2023
6 December 2023
North Atlantic Smaller Companies Investment Trust PLC
("NASCIT")
The Directors of North Atlantic Smaller Companies Investment
Trust Plc (the "Fund" or "NASCIT") are pleased to note the proposed
acquisition by Neon Buyer Limited (a newly formed company
indirectly owned by investment funds advised by Trive Capital
Partners LP) of Ten Entertainment Group Plc.
Based on the proposed acquisition price, this results in an
uplift on the 31 October 2023 NAV of approximately GBP11.75m or
87pence per share.
Enquiries:
Christopher Mills and Christopher Hart
020 7640 3200
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