Disposal

RNS Number : 7755A

EPE Special Opportunities PLC

29 December 2014

 



EPE Special Opportunities plc

Completion of the Disposal

29 December 2014

EPE Special Opportunities plc ("ESO plc") announces that ESO Investments 1 LP ("ESO 1 LP"), a limited partnership in which it is the majority limited partner, has disposed of its investment in Indicia Group Limited ("Indicia"), a marketing services business, to Charterhouse Print Management Limited.

The total return to ESO 1 LP since September 2010 equates to a 2.2x Money Multiple and 24.6% IRR.

The disposal has a positive impact on ESO plc's net asset value and was completed at a 42.4% premium to Indicia's prevailing holding value. ESO plc intends to use the capital returned for new deals.

Enquiries:

EPIC Private Equity LLP                      James Henderson [phone]

IoMA                                                    Philip Scales [phone]

Cardew Group                                     Richard Spiegelberg [phone]

Numis Securities Ltd                            Tel: [phone]   

Nominated Advisor:                                Hugh Jonathan / Stuart Skinner

Corporate Broker:                                   Charles Farquhar    

 

END

 

 

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