July 25, 2018 / 6:04 AM / 2 months ago

BRIEF-3I Group NAV per share of 760 pence for three months to June 2018

July 25 (Reuters) - 3i Group PLC:

* FY2019 Q1 PERFORMANCE UPDATE

* NAV PER SHARE OF 760 PENCE AND TOTAL RETURN OF 5.1% FOR THREE MONTHS TO 30 JUNE 2018

* CASH REALISATIONS OF £337 MILLION IN QUARTER, NET OF £535 MILLION REINVESTMENT IN SCANDLINES

* COMPLETED TWO NEW PRIVATE EQUITY INVESTMENTS IN ROYAL SANDERS AND INTERNATIONAL CRUISE AND EXCURSIONS (“ICE”) TOTALLING £245 MILLION

* ADVISED 3I INFRASTRUCTURE PLC (“3IN”) ON ITS INVESTMENT IN ATTERO AND A FURTHER INVESTMENT FOR INFINIS, ALKANE ENERGY

* GENERATED TOTAL CASH PROCEEDS IN QUARTER OF £868 MILLION, PRINCIPALLY FROM £835 MILLION RECEIVED FROM SALE OF SCANDLINES IN JUNE 2018, BEFORE TAKING ACCOUNT OF GROUP’S £535 MILLION REINVESTMENT

* RECOGNISED A £99 MILLION GAIN ON FOREIGN EXCHANGE IN QUARTER, AS BOTH US DOLLAR AND EURO STRENGTHENED AGAINST STERLING Further company coverage: (Reporting by Dasha Afanasieva)

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