14 Dec 2022 07:00
RNS Number : 6078J
Intl. Biotechnology Trust PLC
14 December 2022
INTERNATIONAL BIOTECHNOLOGY TRUST PLC
("IBT" or the "Company")
Portfolio Update as at 13 December 2022
The Company notes that there has been a material adjustment to the valuation of an investment from the unquoted portfolio managed by SV Health Managers LLP in which the Company is invested.
The net asset value of the Company will therefore increase by £2.5m ($3.1m) which corresponds to 6p per share uplift and will be incorporated into today's unaudited net asset value (calculated on the AIC basis).
For further information contact:
Company Secretary - Link Company Matters
Indu Shastri +44 (0)7936 045789
LEI: 213800N1QUJ744P76D11
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Int.biotech. (IBT)