News blog

EPE Special Opportunities

• BY: Andrew Hore |
• POSTED: 20/02/2014 |

Investment company EPE Special Opportunities has made a near £1m gain on the sale o.f an investment. 

EPE owns a majority stake in ESO Investments 1 LP sold its stake in specialist engineer Bighead Holdings to its management. EPE values the stake at £3m and the disposal was at a 31.4% premium to book value. Bighead makes load-bearing fasteners and fixings for plastics and composites.

The share price rose 1p to 88p. The NAV was 109.15p a share at the end of July 2013, since then 300,000 shares have been bought back at 92p each but that will not have a large effect on NAV

Full year figures for the year to January 2014 will be published on 18 March.

Download the latest AIM Journal from http://wwww.hubinvest.com/AIMPDFFebruary2014_53.pdf