Date: Thursday 20 Feb 2014
LONDON (ShareCast) - Private equity firm EPE Special Opportunities said ESO Investments, a limited partnership in which it is the majority limited partner, has disposed of its investment in Bighead Holdings Limited to the company’s management.
The disposal returned £4m in cash to ESO Investments 1 LP at the exit date and a total of £4.6m since the acquisition in September 2010 via income and the disposal proceeds.
“The disposal has a positive impact on ESO plc and was completed at a 31.4% premium to Bighead's prevailing holding value of £3m,” EPE said in a statement.
ESO intends to use the capital returned for new deals.
Shares in EPE rose 1.15% to 88p at 11:10 on Thursday.
RD
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Currency | UK Pounds |
Share Price | 176.50p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 180.00 |
52 Week Low | 145.00 |
Volume | 6,155 |
Shares Issued | 29.88m |
Market Cap | £52.73m |
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No dividends found |
Time | Volume / Share Price |
15:37 | 973 @ 176.00p |
10:00 | 2,000 @ 173.00p |
09:40 | 3,182 @ 173.00p |
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