10 Feb 2020 09:44
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