17 September 2019
Woodford Patient Capital Trust plc
Further to the announcement by the Company on 12 September regarding the revaluation by Link Fund Solutions Limited ("Link") of one of the Company's holdings, the Company is now able to confirm that it is BenevolentAI.
The Company notes and welcomes today's announcement from BenevolentAI regarding the investment of $90 million from Temasek. The capital raised provides funding for its next stage of development and introduces a new, high quality, long-term institutional investor.
Ed Berry / Tom Blackwell 0203 727 1046 / 1051
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: Woodford Investment Management
Market Cap: £294.49 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE