Manufacturing Industry
PRIVATE EQUITY INVESTOR PLC - Final Results.
PR Newswire UK Disclose, July, 2006
PRIVATE EQUITY INVESTOR PLC
("PEI" or "the Company")
PRELIMINARY ANNOUNCEMENT OF UNAUDITED RESULTS
FOR THE YEAR ENDED 31 MARCH 2006
Private Equity Investor PLC (ticker:PEQ.L), the investment trust that seeks to
achieve substantial capital appreciation by investment in specialised US
venture capital funds focused on the IT and other technology sectors, announces
unaudited preliminary results for the year ended 31 March 2006.
Key points:
* Record cash and stock distributions of $31.4 million received;
* Sale of investments in Skype, Baidu.com, Wily Technologies and Focus Media
realised $21.7 million;
* Year end cash and readily realisable assets...
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