Dunedin Enterprise Investment Trust (DNE)

Sector:

Investment Firms

Index:

FTSE Fledgling

331.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 380.00
  • 52 Week Low: 209.00
  • Currency: UK Pounds
  • Shares Issued: 18.10m
  • Volume: 13,322
  • Market Cap: £59.91m
  • RiskGrade: 134

Dunedin Enterprise upbeat as it realises Kee Safety investment

By Josh White

Date: Wednesday 01 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Dunedin Enterprise Investment Trust announced the successful realisation of its investment in the supplier of safety solutions and products designed to protect people from hazards, Kee Safety, on Wednesday.
The firm said it followed completion of the transaction first announced on 18 October.

"Our holding in Kee Safety was valued at £11.6m as at 30 June, the last published valuation.," Dunedin's board said in its statement.

"Total proceeds have been received of £15.8m - an uplift of £4.2m - consisting of capital of £15.1m and income of £0.7m.

"After taking account of carried interest accrued within Dunedin Buyout Fund III LP the uplift per share equates to 4.4p."

The original cost of the investment made in November 2013 was £6.3m, and over its life a total of £18.8m had been received by Dunedin Enterprise, representing a 3.0x return and an internal rate of return of 35%.

Following the realisation of Kee Safety, the company said it has cash balances of £49.0m with outstanding commitments to limited partnership funds of £43.5m.

It estimated that only some £27m of that total outstanding commitment would be drawn over the remaining life of the limited partnership funds.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DNE Market Data

Currency UK Pounds
Share Price 331.00p
Change Today 1.00p
% Change 0.30 %
52 Week High 380.00
52 Week Low 209.00
Volume 13,322
Shares Issued 18.10m
Market Cap £59.91m
RiskGrade 134

DNE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44% below the market average44% below the market average44% below the market average44% below the market average44% below the market average
1.81% above the sector average1.81% above the sector average1.81% above the sector average1.81% above the sector average1.81% above the sector average
Price Trend
17.54% above the market average17.54% above the market average17.54% above the market average17.54% above the market average17.54% above the market average
6.41% above the sector average6.41% above the sector average6.41% above the sector average6.41% above the sector average6.41% above the sector average
Income
67.43% below the market average67.43% below the market average67.43% below the market average67.43% below the market average67.43% below the market average
70.2% below the sector average70.2% below the sector average70.2% below the sector average70.2% below the sector average70.2% below the sector average
Growth
88.27% above the market average88.27% above the market average88.27% above the market average88.27% above the market average88.27% above the market average
87.69% above the sector average87.69% above the sector average87.69% above the sector average87.69% above the sector average87.69% above the sector average

DNE Dividends

  Latest Previous
  Final Final
Ex-Div 23-Apr-20 25-Apr-19
Paid 15-May-20 16-May-19
Amount 5.00p 2.00p

Trades for 30-Nov-2020

Time Volume / Share Price
15:51 2,602 @ 324.00p
14:42 18,149 @ 338.00p
14:58 5,439 @ 324.24p
12:33 800 @ 324.24p
11:45 1,011 @ 324.24p

DNE Key Personnel

Chair Duncan W A Budge

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