Portfolio Update

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 £4.69m, 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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
PFUBLGDICUBDGDG
UK 100

Latest directors dealings