EPE Special Opportunities completes disposal of Bighead

20th Feb 2014 10:44

Private equity firm EPE Special Opportunities said ESO Investments, a limited partnership in which it is the majority limited partner, has disposed of its investment in Bighead Holdings Limited to the company's management. The disposal returned £4m in cash to ESO Investments 1 LP at the exit date and a total of £4.6m since the acquisition in September 2010 via income and the disposal proceeds. "The disposal has a positive impact on ESO plc and was completed at a 31.4% premium to Bighead's prevailing holding value of £3m," EPE said in a statement. ESO intends to use the capital returned for new deals. Shares in EPE rose 1.15% to 88p at 11:10 on Thursday.RD

Top Risers

Share	Price	Change
Clontarf (CLON)	0.05	49.25%
Uk Oil & Gas (UKOG)	0.036	21.38%
Keller (KLR)	1,376.00	21.13%
Kore Potash (KP2)	0.75	20%
Belluscura (BELL)	12.25	19.51%

Top Fallers

Share	Price	Change
Braveheart Inv (BRH)	4.25	-43.33%
ValiRx (VAL)	1.90	-37.7%
Oracle Power (ORCP)	0.0195	-35%
Cloudified Holdings Limited (CHL)	4.00	-27.27%
Lifesafe Hldg (LIFS)	12.50	-26.47%

Top By Volume

Share	Price	Volume
Clontarf (CLON)	0.05	1,467,753,248
Lloyds (LLOY)	54.50	267,072,416
Beacon Energy. (BCE)	0.055	261,753,578
Oracle Power (ORCP)	0.0195	209,353,432
Tower Resources (TRP)	0.0185	171,801,712

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.