PRIVATE EQUITY INVESTOR PLC PRIVATE EQUITY INVESTOR PLC
Private Equity Investor PLC (the 'Company') announces an unaudited Net Asset Value ('NAV') at 30 April 2016 (the 'Reporting Date') of 208.68 pence (US 305.71 cents) per share, which includes the current period deficit and incorporates the most recently available valuations of the Company's private equity fund investments (the 'Funds') referred to below. The exchange rate at which the NAV was calculated was £=US$1.4650.
The Company's valuation policy for its Funds is based on the latest valuations reported by the Funds. The Funds report quarterly and between reports the Company will adjust the valuations for calls made to the Funds and distributions received from the Funds. When publishing the Company's NAV at the end of each month it is not the Company's practice or policy to adjust the value of any investments held within the Funds.
As of the Reporting Date, the Company's unrestricted cash stood at £4.6 million, and restricted cash stood at £2.7 million. The Company held no marketable securities as of the Reporting Date. Restricted cash represents amounts required to fulfil existing capital commitments to PEI's Funds.
The Company had 11,945,519 outstanding shares still in issue.
Valuation dates of the Funds:
Dawntreader Fund II | 31 December 2015 |
Draper Fisher Jurvetson ePlanet Ventures | 31 December 2015 |
Draper Fisher Jurvetson Fund VI | 31 December 2015 |
Draper Fisher Jurvetson Fund VII | 31 December 2015 |
Draper Fisher Jurvetson Gotham Venture Fund | 31 December 2015 |
Focus Ventures II | 31 December 2015 |
Francisco Partners II | 31 December 2015 |
Institutional Venture Partners XII | 31 December 2015 |
New Enterprise Associates 9 | 31 March 2016 |
New Enterprise Associates 10 | 31 March 2016 |
New Enterprise Associates 12 | 31 March 2016 |
Oak Investment Partners X | 31 March 2016 |
Sprout Capital IX | 31 December 2015 |
TCV IV | 31 December 2015 |
Vanguard VII | 31 December 2015 |
Vantagepoint Venture Partnership IV | 31 December 2015 |
Vantagepoint 2006 Fund | 31 December 2015 |
Vector Capital IV | 31 December 2015 |
Zone Venture Fund II | 31 December 2015 |
13 May 2016
Private Equity Investor plc published this content on 13 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 May 2016 07:08:09 UTC.
Original documenthttp://www.peiplc.com/ren_722205/
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