6 December 2023
North Atlantic Smaller Companies Investment Trust PLC
("NASCIT")
The Directors of North Atlantic Smaller Companies Investment Trust Plc (the ''Fund'' or "NASCIT") are pleased to note the proposed acquisition by Neon Buyer Limited (a newly formed company indirectly owned by investment funds advised by Trive Capital Partners LP) of Ten Entertainment Group Plc.
Based on the proposed acquisition price, this results in an uplift on the 31 October 2023 NAV of approximately £11.75m or 87pence per share.
Enquiries:
Christopher Mills and Christopher Hart
020 7640 3200
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.