CDI Candover Inv.

 
TIDMCDI 
 
5 January 2017 
 
Candover Investments plc 
 
Candover Investments plc ("Candover")* today announces a partial realisation of 
its investment in Parques Reunidos ("Parques") which is managed by Arle Capital 
Partners Limited ("Arle").  This realisation follows a first partial 
realisation completed at the time of the initial public offering of Parques in 
April 2016. 
 
Candover has disposed of 26% of its interest in Parques for cash proceeds of 
approximately EUR9.9 million (GBP8.4 million).  Candover's remaining interest in 
Parques is valued at EUR30.4 million (GBP25.9 million) at the closing price of 
Parques on 4th January 2017 and is subject to a 90 day lock up. Candover's 
interest in Parques was valued at GBP29.1 million in its unaudited accounts for 
the period ended 30th June 2016. 
 
Candover's retained interest in Parques of 2.47% will continue to be managed by 
Arle, along with the remaining interests of the Candover 2005 Fund. 
 
Ends. 
 
* Candover means Candover Investments plc and/or one or more of its 
subsidiaries 
 
For further information, please contact: 
 
Candover Investments plc 
 
Malcolm Fallen, CEO     +44 20 7489 9848 
 
 
 
END 
 

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January 05, 2017 05:59 ET (10:59 GMT)

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