29 aug 25   patria pvt eq trust. - estimated nav at 31 july 2025 patria private equity trust plc | ppet | 548 0 0.0% | mkt cap: 814.5m    rns number : 1126x patria private equity trust plc 29 august 2025   patria private equity trust plc legal entity identifier (lei): 2138004mk7vptz99ev13   29 august 2025 estimated net asset value at 31 july 2025 patria private equity trust plc ("ppet" or "the company") announces its estimated net asset value ("nav") at 31 july 2025 ·      estimated nav at 31 july 2025 was 795.4 pence per share (estimated nav at 30 june 2025 was 790.3 pence per share) ·      excluding new investments, 95.1% by value of portfolio dated 31 march 2025 (estimated nav at 30 june 2025 was 95.1% dated 31 march 2025) ·      second interim dividend of 4.4 pence per share paid on 25 july 2025 ·      ppet paid £21.0 million of drawdowns and received £11.1 million of distributions during the month of july ·      ppet made one primary fund commitment and one secondary investment in the month of july ·      outstanding commitments of £770.6 million at 31 july 2025 ·      short term resources (cash balances, deferred consideration and undrawn credit facilities) were £323.4 million as at 31 july 2025   estimated nav at 31 july 2025, ppet's estimated nav was 795.4 pence per share (estimated net assets £1,186.2 million)[1], representing a 0.6% per share increase from the estimated nav at 30 june 2025 of 790.3 pence per share (estimated net assets £1,180.6 million). the 5.1 pence increase in nav per share reflected gains arising primarily from a 1.0% appreciation in the euro versus sterling and a 3.4% appreciation in the us dollar versus sterling during july, partially offset by the second interim dividend payment of 4.4 pence per share on 25 july 2025. the total payment made for the second interim dividend was £6.6 million.   performance ppet's total return and comparator reference performance as at 31 july 2025 was as follows: performance over the last     6 months 1 year 3 years 5 years 10 years since inception nav total return[2] 2.6% 6.6% 19.3% 111.0% 290.7% 1084.1% share price total return[3] (0.8%) (1.0%) 21.1% 112.4% 263.3% 810.5% ftse all-share index[4] 7.5% 12.1% 35.0% 80.4% 95.6% 310.7%        performance in the 12 months to 31 july 2025 31 july 2024 31 july 2023 31 july 2022 31 july 2021   nav total return2 6.6% 5.3% 6.4% 29.8% 36.3%  share price total return3 (1.0%) 35.1% (9.5%) 22.8% 42.9%  ftse all-share index4 12.1% 13.5% 6.1% 5.5% 26.6%    portfolio cashflows ppet paid £21.0 million of drawdowns and received £11.1 million of distributions during the month of july. drawdowns were made across several of ppet's fund investments, primarily to fund new underlying portfolio company investments and management fees. notable drawdowns in the portfolio during the month included: ·    fpci iron institutionals agilacapital: to fund a new investment in an undisclosed e-procurement software business; ·    gem benelux vi: to fund a new investment into merba (european market leader in private label chocolate chip cookies); and ·    hg mercury 4: to fund a new investment into ctaima (a provider of software and specialised services for contractor management, health & safety, esg and compliance). of the total £11.1 million distributions received, realised gains and income amounted to £5.3 million. notable realisations in the portfolio during the month included: ·    partial realisation of ppet's direct investment in cfc (technology-led insurance platform which is a global leader and category innovator in high growth and attractive emerging risks), as well as the position held through vitruvian iv; and ·    full realisation of km packaging (global operating manufacturer of caps and closure solutions) from capiton vi.   investment activity in the month of july, a €10.0 million commitment was made to iron institutionals agilacapital, a continuation fund investing in an undisclosed e-procurement software business, alongside agilacapital. a €30.0 million primary commitment was made to pai mid-market ii, a buyout fund with a focus on lower mid-market companies across europe in the food and consumer, healthcare, and business services sectors.   commitments the company had £770.6 million of outstanding commitments at 31 july 2025. the manager believes that around £91.9 million of the company's existing outstanding commitments are unlikely to be drawn.   credit facility and cash balances the company has a £400.0 million syndicated revolving credit facility provided by the royal bank of scotland international limited, societe generale, state street bank international gmbh, state street bank & trust company and banco santander, s.a. the facility is due to expire in february 2028. the company drew a total of £18.2 million from the facility during the month of july, increasing the total drawn balance to £193.6 million at 31 july 2025. the remaining undrawn balance of the facility at 31 july 2025 was therefore £206.4 million. in addition, the company had cash balances of £19.7 million at 31 july 2025. furthermore, ppet is also due £97.3 million of deferred consideration in september 2025 from its secondary sale of a non-core portfolio of investments. therefore, short term resources, calculated as the total of cash balances, deferred consideration and the undrawn balance of the credit facility, were £323.4 million as at 31 july 2025.   share buybacks pursuant to the company's share buyback programme, the company bought back 255,000 ordinary shares into treasury during july. the positive effect of the buyback programme is reflected within the movement in nav.   for further information please contact:   patria private equity trust plc ppet.investorrelations@patria.com alan gauld (lead manager) amber sarafilovic (marketing & investor relations)  paul evitt (company secretary)   investec bank plc +44 (0)20 7597 4000 lucy lewis  tom skinner  denis flanagan   sec newgate +44 (0)20 3757 6872 sally walton ppet@secnewgate.co.uk   notes:- patria private equity trust plc is an investment company managed by patria capital partners llp, the ordinary shares of which are admitted to listing by the uk listing authority and to trading on the stock exchange and which seeks to conduct its affairs so as to qualify as an investment trust under sections 1158-1165 of the corporation tax act 2010. additional detail about ppet's nav and investment diversification can be found on ppet's website (www.patriaprivateequitytrust.com). neither the contents of the company's website nor the contents of any website accessible from hyperlinks on the company's website is incorporated into, or forms part of, this announcement.     [1] ppet's valuation policy for private equity funds and direct investments is based on the latest valuations reported by the managers of the funds and direct investments in which the company has interests. in the case of ppet's valuation at 31 july 2025, excluding new investments, 95.1% by value of the portfolio valuations were dated 31 march 2025. the value of the portfolio is therefore calculated as the 31 march 2025 valuation, adjusted for subsequent cashflows over the period to 31 july 2025. this is an update from the estimated nav at 30 june 2025, whereby 95.1% of the portfolio valuations, excluding new investments, were dated 31 march 2025, adjusted for subsequent cashflows over the period to 30 june 2025.   [2] nav total return assumes reinvesting any dividends in the nav of the company on the date on which that dividend goes ex-dividend. [3] share price total return assumes reinvesting any dividends in the share price of the company on the date on which that dividend goes ex-dividend. source: london stock exchange group workspace [4] comparator index - the company is not managed with direct reference to any index or its constituents. source: london stock exchange group workspace 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 rns@lseg.com or visit www.rns.com.  rns may use your ip address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. for further information about how rns and the london stock exchange use the personal data you provide us, please see our privacy policy.   end   msceasppafnsefa return to news summary

Label: Neutral