22 Jun 2020

Realisation of Roompot

Realisation of Roompot

ICG Enterprise Trust (“the Company”) is pleased to announce that PAI Partners has reached an agreement to sell Roompot, an operator and developer of holiday parks in Northern Europe, to KKR. The financial terms of the transaction have not been disclosed.

The Company originally invested in Roompot in 2016, alongside PAI Partners, one of Europe’s leading private equity managers and one of the Company’s longest established third-party manager relationships. The Company invested in Roompot both through its commitment to PAI VI and through a co-investment alongside the fund.

Roompot, is the Company’s 6th largest investment, representing 2.1% of the Portfolio at 30 April 2020. The agreed sale of Roompot will result in a significant uplift to the value of the Company’s holding in the business. Based on the expected net proceeds from the transaction, the Company estimates the uplift would be equivalent to an increase in in the net assets of the Company of 1.3%, or 14p per share.

The transaction is subject to customary closing conditions, with proceeds expected to be received in the third quarter of this calendar year.

Share price (ICGT)

34.00P (3.23%)
1:22AM 17 May 2022
The share price information is delayed by at least 15 minutes

Net Asset Value

As of 31 January 2022
Full year results for the twelve months ended 31 January 2022
Year Net assets NAV per share Share price Dividends per share
Jan 2021 £952m 1,384p 966p 24p
Jan 2020 £794m 1,152p 966p 23p
Jan 2019 £731m 1,057p 822p 22p
Jan 2018 £664m 959p 818p 21p
Jan 2017 £613m 871p 698p 20p
Jan 2016 £521m 731p 545p 11p
Jan 2015 £507m 695p 575p 15.5p
Jan 2014 £494m 677p 563p 15.5p
Jan 2013 £460m 631p 487p 5p
Jan 2012 £415m 569p 357p 5p
Jan 2011 £389m 534p 308p 2.25p
Dec 2009 £338m 464p 305p 2.25p
Dec 2008 £327m 449p 187p 4.5p