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Dunedin Enterprise Investment Trust PLC announced on 3 November 2023 that an agreement has been reached for Dunedin Buyout Fund II LP to realise its investment in Premier Hytemp. The investment was valued at £4.9 million in the Preliminary Unaudited Net Asset Value as of 30 September 2023, with proceeds from the sale expected to amount to £4.9 million.
| Date | 3 Nov 2023 |
| Time | 07:05:49 |
| Category | Corporate updates |
| ID | 3218S |
Dunedin Enterprise Investment Trust PLC
Date: 3 November 2023
LEI: 213800E2VLUZ5AF9Z434
Premier Hytemp realisation
Dunedin Enterprise Investment Trust PLC is pleased to announce that an agreement has been reached which will allow Dunedin Buyout Fund II LP to realise the investment in Premier Hytemp, a manufacturer and supplier of engineered metal solutions. Completion of the transaction is subject to satisfaction of certain customary closing conditions.
The investment in Premier Hytemp was valued at £4.9m in the Preliminary Unaudited Net Asset Value at 30/09/23 published on 1 November 2023. Proceeds from the sale are expected to amount to £4.9m, consisting entirely of capital.
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For further information please contact:
Dunedin LLP
Graeme Murray 07813138367