Business
Policy re announcement of small investments
Policy re announcement of small investments.
About this update from Tmt Investments Plc
[{"type":"text","content":"\n \nRNS Number : 7165Y TMT Investments PLC 29 January 2014 \n \n\n29 January 2014\n \nTMT INVESTMENTS PLC\n(\"TMT\" or the \"Company\")\n \nPolicy re announcement of small investments\n \nTMT, which invests in high-growth, internet-based companies across a variety of sectors, is changing its policy for the announcement of small investments in the future.\n \nAccording to its investment policy, TMT focuses on investments of at least US$250,000. However, the Company may occasionally invest less than this where it sees potential. Given the number of investments which TMT has now made in its normal size range, TMT has decided that in future it will not announce investments of under US$150,000, being less than 0.5% of TMT's unaudited net assets as at 30 June 2013.\n \nFor the avoidance of doubt, the Company will be updating its portfolio on its website with every new investment, and will continue to provide full details of its portfolio in its Annual Report and Accounts.\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\nMarc Cramsie/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 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 USD28m and invested in 27 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 STRPGUPGGUPCGQR\n ","length":4384,"tagName":"div"}]