Last checked at 
17 Jul 2023 12:41
RNS Number : 2540G
North Atlantic Smlr Co Inv Tst PLC
17 July 2023
NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC ("NASCIT")
NASCIT is pleased to announce that, subject to FCA approval, Harwood Private Equity V, in which NASCIT has a substantial investment, sold on Friday 14th July one of its private equity holdings. On a look-through basis NASCIT invested £2.75m just under three years ago and expects to receive at the closing, approximately £7.5m with a further earn out of up to £0.7m within the next year. This represents an uplift on the 30th June 2023 valuation of approximately £2.0m.
Enquiries:
Christopher Mills and Christopher Hart
020 7640 3200
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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.