TMT Investments PLC Policy re announcement of small investments (7165Y)
January 29 2014 - 2:00AM
UK Regulatory
TIDMTMT
RNS Number : 7165Y
TMT Investments PLC
29 January 2014
29 January 2014
TMT INVESTMENTS PLC
("TMT" or the "Company")
Policy re announcement of small investments
TMT, which invests in high-growth, internet-based companies
across a variety of sectors, is changing its policy for the
announcement of small investments in the future.
According to its investment policy, TMT focuses on investments
of at least US$250,000. However, the Company may occasionally
invest less than this where it sees potential. Given the number of
investments which TMT has now made in its normal size range, TMT
has decided that in future it will not announce investments of
under US$150,000, being less than 0.5% of TMT's unaudited net
assets as at 30 June 2013.
For the avoidance of doubt, the Company will be updating its
portfolio on its website with every new investment, and will
continue to provide full details of its portfolio in its Annual
Report and Accounts.
For further information contact:
TMT Investments Plc +44 1534 281 843
Mr. Alexander Selegenev alexander.selegenev@tmtinvestments.com
www.tmtinvestments.com
ZAI Corporate Finance Ltd.
NOMAD and Broker
Marc Cramsie/Irina Lomova +44 20 7060 2220
Kinlan Communications Tel. +44 20 7638 3435
David Hothersall davidh@kinlan.net
About TMT Investments
TMT Investments PLC invests in high-growth, internet-based
companies across a variety of sectors and has a significant number
of Silicon Valley investments in its portfolio. Founded in 2010,
TMT has raised USD28m and invested in 27 companies to date. The
company's objective is to generate an attractive rate of return for
shareholders, predominantly through capital appreciation. The
company is traded on the AIM market of the London Stock Exchange.
www.tmtinvestments.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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