Edge Performance VCT Plc Realises Its Investments In DeltaDNA Limited

  • Sep 23, 2019 BST
  • Team Kalkine
  • Edge Performance VCT Plc (EDGH) has realised its investments in deltaDNA Limited, generating total proceeds of approximately £4.9 million.
  • The return is around 5 times money on money return and an increase of £3.2 million on the valuation reported by the company in its financial statements for the year ended 28 February 2019.
  • The transaction for the deltaDNA was completed on the 18 September 2019, and the consideration from the transaction was part equity in the purchaser and part cash.
  • On 23rd September 2019, at the time of writing, GMT 12:16 PM, EDGH shares were trading at GBX 37.50, up by 19.00 points or 102.70 per cent against the previous day closing price.

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