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North Atlantic Smaller Companies Investment Trust PLC - investor in smaller companies based in countries bordering the North Atlantic Ocean - Announces sale of Performance Chemicals for £11.6 million. The company was held in the unquoted portfolio and had a cost basis of around £230,000. The sale is at a modest uplift from the August dollar valuation, and the company says there will be a further uplift of around $1.0 million if the earn out is achieved and escrows are released as expected. Current stock price: 3,955.00 pence, down 0.1% in London on Thursday afternoon 12-month change: up 13% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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