ICG Enterprise Trust PLC - London-based private equity investor - Net asset value per share ends July 31 at 1,852 pence, rising from 1,690p at the end of January. NAV total return over six-month period 10.9%, which outperforms FTSE All-Share Index total return of negative 0.1%. Declares dividend of 14p in first half, rising from 12p in same period year prior. Reaffirms annual target of ‘at least’ 30p.
Oliver Gardey, head of Private Equity Fund Investments at ICG, says: ‘There are great opportunities to be captured by successfully navigating challenging markets. We believe that our clear investment strategy and flexible mandate, supported by the experience and network of our dedicated team, position us well to generate long-term value.’
Current stock price: 1,016.00 pence, up 3.5% on Tuesday
12-month change: down 11%
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