Edge Performance VCT PLC Portfolio Update (6273V)
10 Agosto 2022 - 12:04PM
UK Regulatory (RNS & others)
TIDMEDGH
RNS Number : 6273V
Edge Performance VCT PLC
10 August 2022
The information communicated in this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014 (as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018). Upon
publication of this announcement, this information is considered to
be in the public domain.
10 August 2022
Edge Performance VCT public limited company (the "Company")
LEI: 213800PAOE1WTGQGSH39
Portfolio Update
It has very recently come to the Board's attention that
Festicket Limited ("Festicket"), one of the Company's portfolio
companies, is currently experiencing headwinds and is in
discussions with its advisers and stakeholders as to how these can
best be navigated.
The outcome of these discussions is not yet clear, and the Board
will continue to monitor
its investment in Festicket and update the Company's
Shareholders on this matter as appropriate. The outcome of these
discussions may, however, significantly impact upon the value of
the Company's holding in Festicket.
As at 29 July 2022, the Company's holding in Festicket was
valued at GBP4.69m, representing approximately 35.6% of the total
net asset value of the Company.
For further information, please contact:
Edge Investments Limited, Investment Manager: info@edge.vc
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August 10, 2022 13:04 ET (17:04 GMT)
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