Standard Life European Private Equity Trust plc specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in healthcare, oil and gas services, educational publishing, aero-engineering, and capital goods outside Europe. Within fund of fund investments it seeks to invest in private equity funds focused on mid to large sized buyouts. It seeks to invest in funds investing in companies with enterprise values ranging between EUR200 million ($288.16 million) and EUR2 billion ($2,881.60 million). It was formerly known as DMWS 480 plc and changed its name to Standard Life European Private Equity Trust plc in April 20...
1 George Street
Scotland, EH2 2LL
Founded in 2001
Standard Life European Private Equity Trust plc Enters into a New £80 Million Syndicated Revolving Credit Facility
Sep 18 15
On 18 September 2015, Standard Life European Private Equity Trust plc entered into a new £80 million syndicated revolving credit facility, provided by Citi and Societe Generale, to replace its existing £80 million debt facility provided by The Royal Bank of Scotland plc and Citi. The new debt facility has a margin of 1.50%, rising to 1.70% depending on utilisation; a commitment fee of 0.70%; and expires on 31 December 2020. The terms of the new facility are more favourable than the terms of the existing facility, which had a margin of 2.75% and a commitment fee of 1.03%.
Standard Life European Private Equity Trust plc Declares Interim Dividend, Payable on July 10, 2015; Reports Unaudited Earnings Results for the Six Months Ended March 31, 2015
May 29 15
Standard Life European Private Equity Trust plc announced that the Board has declared an interim dividend, for the first time, of 1.75 pence to be paid on 10 July 2015 to shareholders on the company's share register at 12 June 2015.
The company reported unaudited earnings results for the six months ended March 31, 2015. For the period, the company reported return on ordinary activities before taxation of £24,953,000 compared with £19,538,000 for the same period last year. Return on ordinary activities after taxation was £2,811,000 or 1.78 pence per share as compared with £19,529,000 or 11.97 pence per share for the same period last year. Net cash inflow from operating activities was £2,218,000 compared with £1,328,000 for the same period last year.
Standard Life European Private Equity Trust plc Approves Final Dividend
Jan 28 15
Standard Life European Private Equity Trust plc announced that at its AGM held on January 28, 2015, the shareholders approved the appointment final dividend of 5.0 pence per ordinary share.