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North Atlantic Smaller Companies Investment Trust PLC on Thursday said Harwood Private Equity Fund V has sold one of its private equity holdings, Assisi Pet Care Ltd. NASCIT is an investor in smaller companies based in countries bordering North Atlantic Ocean. Assisi Pet Care is a Melton Mowbray England specialist in pet care and food. On a look-through basis NASCIT invested £3.6 million over the course of three years via a buy and build investment strategy and expects to receive at the closing about £11 million. It said that this represents an uplift on the June 30 valuation of about GB3.4 million. Shares in NASCIT were up 1.6% to 3,627.96 pence each in London on Thursday morning. Copyright 2023 Alliance News Ltd. All Rights Reserved.
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