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Share Price Information for Int.biotech. (IBT)

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Share Price: 624.00
Bid: 616.00
Ask: 628.00
Change: 20.00 (3.31%)
Spread: 12.00 (1.948%)
Open: 600.00
High: 624.00
Low: 598.00
Prev. Close: 604.00
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International Biotechnology is an Investment Trust

To achieve capital growth through investing in high growth, development stage biotechnology companies.

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Portfolio Update

10 Feb 2020 09:44

RNS Number : 4755C
Intl. Biotechnology Trust PLC
10 February 2020
 

INTERNATIONAL BIOTECHNOLOGY TRUST PLC

 

Portfolio Update

The Board of International Biotechnology Trust plc (the "Company") have approved an uplift in the valuation of one of the Company's unquoted investments from £3.2 million to £7.5 million on a cost of £2.4 million to reflect improved projected sales data.

This increase in valuation was reflected in the Company's Net Asset Value on 7 February 2020. The increase in NAV per share in comparison to that released today is 11.27 pence per share.

 

 

 

BNP Paribas Secretarial Services Limited

Company Secretary 

Tel: 020 7410 5971 

 

10 FEBRUARY 2020

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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