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
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Int.biotech. (IBT)