Manufacturing Industry
PRIVATE EQUITY INVESTOR PLC - Final Results.
PR Newswire UK Disclose, July, 2007
For immediate release: 27 July 2007
PRIVATE EQUITY INVESTOR PLC
PRELIMINARY ANNOUNCEMENT OF UNAUDITED RESULTS
FOR THE YEAR ENDED 31 MARCH 2007
Private Equity Investor PLC ("PEI" or "the Company"), the investment trust that
seeks to achieve substantial capital appreciation by investment in specialised
US venture capital funds focussed on IT and other technology sectors, announces
its preliminary results for the year ended 31 March 2007.
Key points:
* Plans to make an initial cash distribution to shareholders of at least $20
million later this year
* Fourteen IPOs of underlying portfolio companies during the year
* Distributions for the year increased to $32.5 million, with...
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