Intermediate Capital Group plc Announces Realis...

Intermediate Capital Group plc Announces Realisation

14 February 2014

Intermediate Capital Group plc announces realisation

Further to prior announcements of realisations, Intermediate Capital Group plc ("ICG") announces that the remaining mezzanine investment made by ICG in Loewen Play has been realised. The original amount of this investment, made in April 2008, was €47.9m, with a portion of the investment being held on trust for the ICG European Fund 2006 (the "Fund"). Total proceeds received at the time of exit were €60.7m with 75.1% of the proceeds being received by ICG and the remainder received by the Fund. ICG will continue to hold a minority equity instrument in Loewen Play following the realisation. Loewen Play is a leading gaming arcade operator in Germany.

ICG will continue to make the market aware of significant realisations.

Investor Enquiries:

Ian Stanlake
Investor Relations, ICG plc
+44 (0) 20 3201 7880

Media Enquiries:

Helen Barnes
Corporate Communications, ICG plc
+44 (0) 20 3201 7760

Neil Bennett
Maitland
+44 (0) 20 379 5151




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Intermediate Capital Group plc via Globenewswire

HUG#1761864

Companies

ICG PLC (ICG)
UK 100

Latest directors dealings

All intraday prices are subject to a delay of fifteen (15) minutes.

Investegate takes no responsibility for the accuracy of the information within this site.

The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filtered from this site.