LONDON (Alliance News) - Property and urban regeneration specialist Sigma Capital Group PLC said Monday its legacy venture capital fund management division has agreed to the sale of a company in its investment portfolio.
Sigma disclosed neither the company nor the buyer, but said it is expected to benefit from a cash inflow of around GBP0.2 million and profit contribution due to the release of provisions of around GBP0.2 million in the second half of the financial year.
Sigma shares were quoted up 3.2% early Monday at 22.45 pence.
By Anthony Tshibangu; anthonytshibangu@alliancenews.com; @AnthonyAllNews
Copyright 2013 Alliance News Limited. All Rights Reserved.