StockMarketWire.com - LMS Capital said it had sold its 19% interest in Penguin Computing via a $85m sale of the entire company to Smart Global Holdings.

LMS Capital owned its interest in Penguin Computing through a holding in San Francisco Equity Partners Fund 1.

The acquisition price included $25m of performance-based payments conditional on targets being achieved in the year to 31 December 2018.


At 1:50pm: [LON:LMS] LMS Capital PLC share price was +1.1p at 51.5p



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