Dunedin Enterprise Investment Trust PLC ("the Company")
Date: 21 March 2022
LEI: 213800E2VLUZ5AF9Z434
Incremental realisation
Dunedin Enterprise Investment Trust PLC ("DENT") is pleased to announce the realisation of Incremental, the market-leading IT services platform which designs implements and supports clients with ERP/CRM systems and cloud infrastructure.
Proceeds received, after the payment of carried interest in Dunedin Buyout Fund III LP, amount £7.9m, consisting of capital of £7.1m and income of £0.8m. This compares to a valuation net of carried interest at 31 December 2021 of £4.8m.
The uplift on the 31 December 2021 valuation is £3.1m, equivalent to 23.4p per share.
For further information please contact:
Dunedin LLP
Graeme Murray 07813138367
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