East Capital Explorer AB: East Capital Explorer publishes Q1 Report 2016

STOCKHOLM–(BUSINESS WIRE)–Regulatory News: East Capital Explorer (STO:ECEX): Key events during the first quarter · Net Asset Value (NAV) per share was EUR 9.00, unchanged since December 2015. Total NAV was EUR 253m · An agreement was reached to sell the holding in Starman to Providence Equity for approx. EUR 81m, corresponding to a net IRR of 24-27%, with additional earn-out potential payable in 2017 of up to EUR 5m. The transaction, expected to close in Q2, entails a carried interest liabili
Source: BusinessWire-Primary

East Capital Explorer AB: East Capital Explorer publishes Q1 Report 2016