Quester VCT Plc
The Board of Quester VCT Plc (QVCT) announces the following successful
Footfall Limited, a leading provider of customer counting technology and
statistics, was sold in December 2005 to Experian. The sale generated cash
proceeds of £5.6 million for QVCT against a carrying value of £2.9 million,
following the merger with Quester VCT 2 plc and Quester VCT 3 plc.
The sale of Dycem, the non-slip flooring and contamination control material
manufacturer, in December 2005 generated cash proceeds of £385,000 which
compare to a post merger carrying value of £373,000.
The sale of the holding in International Resources Group, a leading
executive search and selection firm, in December 2005 generated proceeds of £1
million against a post merger carrying value of £0.4 million.
For further information please contact:
Janet Chalkley, Quester VCT Plc: 0207 222 5472
20 January 2006