Augmentum Fintech Plc Portfolio Update
August 03 2018 - 2:00AM
UK Regulatory
TIDMAUGM
3 August 2018
Augmentum Fintech plc
Portfolio Company Fundraising
Augmentum Fintech plc (LSE: AUGM) ("the Company") announces that a
fundraising announced today by pioneering financial services company
Zopa implies a revised valuation of the Company's investment in Zopa
at approximately GBP22.0 million. This would represent an uplift of GBP3.5 million
or 3.7 pence per share over the carrying value of GBP18.5 million in the Net
Asset Value ("NAV") of the Company on admission. Zopa will be formally revalued
by the Company at the end of the interim period ending 30 September 2018.
Ends.
For further information on the Company, please contact:
Augmentum Fintech plc info@augmentumcapital.com
Tim Levene +44 (0)20 3961 5420
Richard Matthews
Nigel Szembel
Fidante Capital +44 (0)20 7832 0900
Tom Skinner
Nick Donovan
Newgate Communications augmentum@newgatecomms.com
Bob Huxford +44 (0)20 3757 6867
Robin Tozer
END
(END) Dow Jones Newswires
August 03, 2018 02:00 ET (06:00 GMT)
Augmentum Fintech (LSE:AUGM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Augmentum Fintech (LSE:AUGM)
Historical Stock Chart
From Apr 2023 to Apr 2024