TMT Investments PLC Disposal of investment in The One-Page Company (9058O)
August 12 2014 - 6:59AM
UK Regulatory
TIDMTMT
RNS Number : 9058O
TMT Investments PLC
12 August 2014
12 August 2014
TMT INVESTMENTS PLC
("TMT" or the "Company")
Disposal of investment in The One-Page Company, Inc.
TMT, which invests in high-growth, internet-based companies
across a variety of sectors, is pleased to announce the sale of its
entire equity stake in The One-Page Company, Inc. ("One-Page").
TMT's total consideration received pursuant to the transaction
is US$509,740, representing an internal rate of return ("IRR") of
32%. TMT originally invested US$250,000 in One-Page on 06 February
2012.
The transaction was completed on 11 August 2014.
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
Richard Morrison/Irina Lomova +44 20 7060 2220
Kinlan Communications Tel. +44 20 7638 3435
David Hothersall davidh@kinlan.net
About One-Page
One-Page builds corporate software-as-a-service ("SaaS")
solutions and consumer internet proposal platform that enables
users to systematically create, solicit, distribute, and negotiate
one-page proposals between individuals and companies from anywhere
around world.
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 USD33m and invested in over 30 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
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