ROCKWOOD STRATEGIC PLC

Transaction in Own Shares • Feb 9, 2018

National Storage Mechanism | Additional information

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RNS Number : 4750E

Gresham House Strategic PLC

09 February 2018

Gresham House Strategic plc

9 February 2018

Net Asset Value increase

Further to the announcement dated 16 August 2016 regarding the Strategic Co-Investment Agreement with Gresham House Strategic Public Equity Fund LP ("SPE Fund LP"), the Board of Gresham House Strategic plc ("GHS" or the "Company") has been informed by the Investment Manager, Gresham House Asset Management Limited, that they intend to hold a final close for the Gresham House Strategic Public Equity Fund LP on 15th February 2017.  As a result, the 1,113,941 IMImobile PLC (IMO) shares that have been held by GHS subject to potential automatic sale to SPE Fund LP and Gresham House plc at 193.5p per share will no longer be subject to this obligation.  Accordingly, the shares will be valued at bid price in accordance with the Company's valuation policy.  

Based on the closing bid price of 244p per share of IMO shares on 8th February 2018, this would lead to an uplift in NAV per share of 15.4p.  

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

For further information, please contact:

Gresham House Strategic plc	David Potter	07711 450 391
Gresham House plc / Gresham House Asset Management Ltd Investment Manager	Graham Bird	020 3757 5613
finnCap (Nominated Adviser and Broker)	Matt Goode/ Emily Watts	020 7220 0500

This information is provided by RNS

The company news service from the London Stock Exchange

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