Business
Disposal of investment in The One-Page Company
Disposal of investment in The One-Page Company.
About this update from Tmt Investments Plc
[{"type":"text","content":"\n \nRNS Number : 9058O TMT Investments PLC 12 August 2014 \n \n\n12 August 2014\n \nTMT INVESTMENTS PLC\n(\"TMT\" or the \"Company\")\n \nDisposal of investment in The One-Page Company, Inc.\n \nTMT, which invests in high-growth, internet-based companies across a variety of sectors, is pleased to announce the sale of its entire equity stake in The One-Page Company, Inc. (\"One-Page\").\n \nTMT's total consideration received pursuant to the transaction is US$509,740, representing an internal rate of return (\"IRR\") of 32%. TMT originally invested US$250,000 in One-Page on 06 February 2012.\n \nThe transaction was completed on 11 August 2014.\n \n \nFor further information contact:\n \n\n\n\n\nTMT Investments Plc\nMr. Alexander Selegenev\nwww.tmtinvestments.com\n \n\n\n+44 1534 281 843\[email protected]\n \n\n\n\n\nZAI Corporate Finance Ltd.\nNOMAD and Broker\nRichard Morrison/Irina Lomova\n \n\n\n+44 20 7060 2220\n\n\n\n\nKinlan Communications\nDavid Hothersall\n \n\n\nTel. +44 20 7638 3435\[email protected]\n\n\n\n\n \nAbout One-Page \n \nOne-Page builds corporate software-as-a-service (\"SaaS\") solutions and consumer internet proposal platform that enables users to systematically create, solicit, distribute, and negotiate one-page proposals between individuals and companies from anywhere around world.\n \nAbout TMT Investments\n \nTMT Investments PLC invests in high-growth, internet-based companies across a variety of sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has raised USD33m and invested in over 30 companies to date. The company's objective is to generate an attractive rate of return for shareholders, predominantly through capital appreciation. The company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISUUVRRSNAWAAR\n ","length":4543,"tagName":"div"}]