Menhaden Resource Efficiency Plc Portfolio Update
November 20 2023 - 2:00AM
UK Regulatory
TIDMMHN
20 November 2023
Menhaden Resource Efficiency PLC
(the "Company")
LEI: 2138004NTCUZTHFWXS17
Portfolio Update
Following the completion of KKR's sale of its remaining 50% stake in X-Elio, the
Company received a final distribution of USD 16.9 million. The investment
delivered an aggregate return on invested capital of 2.15x in USD and 2.6x in
GBP to the Company, and demonstrates the value of the Company's ability to
partner with leading global private equity firms.
The Company is actively evaluating new private equity opportunities. In the
interim, the proceeds will be largely deployed in the existing public equity
portfolio.
Frostrow Capital LLP
Company Secretary
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/menhaden-resource-efficiency-plc/r/portfolio-update,c3878304
END
(END) Dow Jones Newswires
November 20, 2023 02:00 ET (07:00 GMT)
Menhaden Resource Effici... (LSE:MHN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Menhaden Resource Effici... (LSE:MHN)
Historical Stock Chart
From Sep 2023 to Sep 2024