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On 28 September 2023, Dunedin Enterprise Investment Trust PLC announced that Dunedin Buyout Fund II LP realised its investment in Weldex, a crawler crane hire business. The investment was valued at £4.7 million in the Preliminary Unaudited Net Asset Value as of 30 June 2023, and the sale generated proceeds of £4.7 million, consisting entirely of capital.
| Date | 28 Sept 2023 |
| Time | 07:00:12 |
| Category | Corporate updates |
| ID | 8928N |
Dunedin Enterprise Investment Trust PLC
Date: 28 September 2023
LEI: 213800E2VLUZ5AF9Z434
Weldex realisation
Dunedin Enterprise Investment Trust PLC is pleased to announce that Dunedin Buyout Fund II LP has realised the investment in Weldex, the crawler crane hire business.
The investment in Weldex was valued at £4.7m in the Preliminary Unaudited Net Asset Value at 30/06/23 published on 1 August 2023. Proceeds from the sale amount to £4.7m, consisting entirely of capital.
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For further information please contact:
Dunedin LLP
Graeme Murray 07813138367