Paris, 7 May 2018 – Net Asset Value per share is estimated at €21.21 as of 31 March 2018, down 1.5% compared with 31 December 2017 (€21.54), due to the decline in the share prices of listed portfolio companies, primarily Albioma and Altran.
As a reminder, only listed companies are revalued as of 31 March at their market price. Unlisted companies are revalued twice a year, on 30 June and 31 December.
The definitive NAV as of 31 March 2018 will be submitted to the Supervisory Board for review and more detailed information will be disclosed on 15 May 2018, post trading, as scheduled.
|NAV as of 31/03/2018||15 May 2018, post-trading|
|H1 2018 earnings and NAV as of 30/06/2018||5 September 2018, post-trading|
|NAV as of 30/09/2018||8 November 2018, post-trading|
Altamir is a listed private equity company (Euronext Paris-B, ticker: LTA) founded in 1995 and with nearly €800m in assets under management. Its objective is to provide shareholders with long term capital appreciation and regular dividends by investing in a diversified portfolio of private equity investments.
Altamir's investment policy is to invest via and with the funds managed by Apax Partners SAS and Apax Partners LLP, two leading private equity firms that take majority or lead positions in buyouts and growth capital transactions and seek ambitious value creation objectives.
In this way, Altamir provides access to a diversified portfolio of fast-growing companies across Apax's sectors of specialisation (TMT, Consumer, Healthcare, Services) and in complementary market segments (mid-sized companies in French-speaking European countries and larger companies across Europe, North America and key emerging markets).
Altamir derives certain tax benefits from its status as an SCR ("Société de Capital Risque"). As such, Altamir is exempt from corporate tax and the company's investors may benefit from tax exemptions, subject to specific holding-period and dividend-reinvestment conditions.
For more information: www.altamir.fr
Tel.: +33 1 53 65 01 74
 NAV net of tax, share attributable to the limited partners holding ordinary shares