|
|||
![]() |
|||
2011-01-25 15:08:47 CET 2011-01-25 15:09:47 CET REGULATED INFORMATION Amanda Capital - Company AnnouncementSEVERAL EXITS IN AMANDA CAPITALS PRIVATE EQUITY PORTFOLIOAMANDA CAPITAL PLC STOCK EXCHANGE RELEASE January 25, 2011 SEVERAL EXITS IN AMANDA CAPITALS PRIVATE EQUITY PORTFOLIO After previously announced exits, either in interim reports or in separate stock exchange releases, there have been several exits in Amanda's portfolio. The exits together generate a cash flow of over one million euros for Amanda. Permira II has made a partial realisation from Danish telecom operator TDC as part of its recapitalization. Exit proceeds were returned to Amanda in last quarter of 2010. Balderton Capital I has partially exited from internet gaming company Betfair when the company was listed. The exit was profitable and proceeds have been returned to Amanda in the last quarter of 2010. Industri Kapital 1997 has divested Superfos. The company is a leading Pan European manufacturer of injection moulded plastic packaging mainly to food industry. The transaction is subject to anti-trust approvals. The exit is profitable and proceeds are expected to be received in the first half of 2011. Industri Kapital 2000 has sold Welzorg. Welzorg is the leading provider of mobility aid equipment in Sweden, Denmark and the Netherlands. Exit is profitable and proceeds are expected to be received in the first quarter of 2011. PAI IV has sold part of its ownership in Chr. Hansen which was listed in Copenhagen stock exchange in 2010. The exit was profitable and proceeds will be received in the first quarter of 2011. After this transaction PAI IV still holds an approximately 25% stake in Chr. Hansen. AMANDA CAPITAL PLC Petter Hoffström CEO (acting) Additional Information: CEO (acting) Petter Hoffström, tel. +358 9 6829 6012 Distribution: OMX Nordic Exchange in Helsinki, www.amandacapital.fi The Amanda Group is a private equity management company. Its parent company is the first publicly listed private equity fund of funds in Scandinavia. Amanda has investments in 24 private equity funds and in four funds of funds under Amanda's own management. Amanda Group offers asset management, investment advice, administrative and reporting services to 13 portfolios. Investments from these portfolios has been made to over 190 private equity funds in Europe, the USA, Asia and Russia totaling original commitments of EUR 2.6 billion. |
|||
|