Business
Proposed participation in a new fund
Proposed participation in a new fund.
About this update from Tmt Investments Plc
[{"type":"text","content":"\n \nRNS Number : 6135Y TMT Investments PLC 07 December 2017 \n\n7 December 2017\n \nTMT INVESTMENTS PLC\n(\"TMT\" or the \"Company\")\n \nProposed participation in a new fund\n \nTMT Investments PLC (AIM: TMT.L), the venture capital company investing in high-growth technology companies across a number of core specialist sectors, announces that a number of blockchain industry participants, in a joint initiative with TMT, propose to launch a new fund investing in blockchain-related opportunities (the \"Fund\").\n \nDetails of TMT's participation in the Fund have not been finalised, but it is envisaged that certain members of the Company's senior team will join the board of directors of the Fund's management company. In addition, TMT will contribute its human resources and expertise to the Fund. TMT is not expected to be responsible for general administration of the Fund.\n \nFurther announcements will be made, as appropriate, in due course.\n \n \n\n\n\n\nTMT Investments PLC\nAlexander Selegenev\nExecutive Director\nwww.tmtinvestments.com\n \n\n\n+44 1534 281 843\[email protected]\n \n\n\n\n\nSmith & Williamson Corporate Finance Ltd\nNominated Adviser\nRussell Cook \nDavid Jones\nBen Jeynes\n \n\n\n+44 (0)20 7131 4000\n\n\n\n\nHybridan LLP\nBroker\nClaire Louise Noyce\n \n\n\n+44 20 3764 2341\n\n\n\n\nKinlan Communications\nDavid Hothersall\n \n\n\n+44 20 7638 3435\[email protected]\n\n\n\n\n \nAbout TMT Investments PLC\n \nTMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has net assets of US$58m and has invested in over 40 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 MSCUNRBRBUAURAA\n ","length":4794,"tagName":"div"}]