Oryx International Growth Fund Ld Major liquidity events totalling GBP43 million (8160M)
September 23 2021 - 10:32AM
UK Regulatory
TIDMOIG
RNS Number : 8160M
Oryx International Growth Fund Ld
23 September 2021
23 September 2021
Oryx International Growth Fund Limited
("the company")
Major liquidity events totalling GBP43 million
The Board of Oryx International Growth Fund Limited ("Oryx") is
pleased to note the offer for Augean plc at 372pps. When the
acquisition is completed this will add circa GBP30m to the
company's cash resources.
Hamsard Limited is being sold for GBP2.2m, with the cash
proceeds expected to be received by the end of this month.
Minds + Machines Group Limited having sold its business is being
liquidated with approximately a further GBP8m in cash expected.
BigBlu Broadband has announced a return of 45pps which will add
a further GBP3.1m.
The Board of Oryx would like to thank Jim Meredith the Executive
Chairman of Augean and the management team for their outstanding
achievement in building value for shareholders. The offer
represents a 9.4x return on our investment over a four year
period.
Enquiries:
Jasper Cross
BNP Paribas Securities Services S.C.A., Guernsey Branch
Tel: 01481 750850
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END
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