IN BRIEF: Pantheon International to reduce legacy Russia exposure

Pantheon International PLC - investment trust focused on private equity - Says its portfolio has ...

Alliance News 25 March, 2022 | 11:08AM
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Pantheon International PLC - investment trust focused on private equity - Says its portfolio has no direct exposure to funds or companies in Ukraine or Belarus, but it has a "negligible exposure" to Russian assets, which are held via a legacy position. A provision has been made to reduce the valuation of this exposure to zero from GBP2.9 million as at February 28. Says it has not invested in Russian region "for some time", and it does not form part of company's investment strategy.

Net asset value per share at February-end is 417.6 pence, up 1.3% from end of January. This gain for the month is net of Pantheon's Russian provision.

Current stock price: 310.21 pence

12-month change: up 19%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Pantheon International Ord 314.00 GBX 0.48

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