DEVC: Portfolio Update
17 Septiembre 2021 - 1:05AM
DEVC: Portfolio Update
Draper Esprit VCT plc
LEI: 2138003I9Q1QPDSQ9Z97
Portfolio Update
17
September 2021
Draper Esprit VCT plc (“DE VCT”) is pleased to
announce that portfolio company, Back Office Technology Ltd trading
as Form3 (“Form3”), has completed a $160m Series C funding, with
Draper Esprit plc, Goldman Sachs, Lloyds Banking Group, Nationwide
Building Society, Barclays, Mastercard and 83North all
participating in the round. Form3 is a leading platform payment
technology provider.
The funding round values DE VCT’s existing
shareholding in Form3 at £8.0 million, an uplift of £5.6 million
compared to the previous carrying value. This particular uplift
equates to an increase in DE VCT’s Net Asset Value per share
(“NAV”) of 3.8p per share. The valuation of all unquoted
investments in the portfolio will be reviewed for the Half Yearly
Report for the six months to 30 September 2021.
The audited NAV as at 31 March 2021 was 50.0p
per share. Applying this uplift to the 31 March 2021 NAV gives an
updated unaudited NAV of 53.8p per share.
Enquiries:
Grant Whitehouse - Company Secretary - 0207 630
4333
Draper Esprit Vct (LSE:DEVC)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Draper Esprit Vct (LSE:DEVC)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024