Hg, the manager of FTSE 250 listed tech investment trust HgCapital Trust plc has today announced an investment of approximately £9.8 million in GTreasury, with other institutional clients of Hg investing alongside HGT through the Hg Mercury Funds. HGT, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all Hg’s investments.

Note that these figures only relate to HGT’s share of Hg’s overall investment in GTreasury.

HGT’s liquid resources available for future deployment (including all announced transactions, the undrawn bank facility) are estimated to be £637 million (30% of the 31 March 2023 NAV of £2.2 billion).

The investment will reduce HGT’s outstanding commitments to invest in Hg transactions to approximately £1.0 billion (47% of the 31 March 2023 NAV).

News in full

Below is a short animated clip highlighting the key points from Hg’s Year End Results