Schroder UK Public Private Tst plc NeoGenomics completes Inivata acquisition (4491C)
21 Junio 2021 - 01:00AM
UK Regulatory
TIDMSUPP
RNS Number : 4491C
Schroder UK Public Private Tst plc
21 June 2021
Schroder UK Public Private Trust plc (the "Company")
NeoGenomics completes Inivata acquisition
The Company (LSE: SUPP) is pleased to announce the completion of
the sale of its shares in Inivata Limited ("Inivata") to
NeoGenomics Inc. The Company will receive initial proceeds of
approximately US$38.6 million .
For further information on the completed transaction, investors
can refer to the announcement made by the Company on 5(th) May
2021.
The valuation impact of the transaction was reflected in the NAV
of the Company as at 31 March 2021, which was announced on 27(th)
May 2021.
The Company intends to use the additional liquidity to support
some of its portfolio companies with follow-on capital and will
make new investments into both public and private companies.
Enquiries:
Schroder Investment Management Limited
Estelle Bibby (Press) 0207 658 3431
Gareth Faith (Company Secretary) 0207 658 5264
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June 21, 2021 02:00 ET (06:00 GMT)
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