DUNEDIN ENTERPRISE INVESTMENT TRUST PLC

Earnings Release • Mar 21, 2022

National Storage Mechanism | Additional information

RNS Number : 4690F

Dunedin Enterprise Inv Trust PLC

21 March 2022

Dunedin Enterprise Investment Trust PLC ("the Company")

Date:                   21 March 2022

LEI:                     213800E2VLUZ5AF9Z434

Incremental realisation

Dunedin Enterprise Investment Trust PLC ("DENT") is pleased to announce the realisation of Incremental, the market-leading IT services platform which designs implements and supports clients with ERP/CRM systems and cloud infrastructure. 

Proceeds received, after the payment of carried interest in Dunedin Buyout Fund III LP, amount £7.9m, consisting of capital of £7.1m and income of £0.8m.  This compares to a valuation net of carried interest at 31 December 2021 of £4.8m. 

The uplift on the 31 December 2021 valuation is £3.1m, equivalent to 23.4p per share.

For further information please contact:

Dunedin LLP

Graeme Murray                                  07813138367

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