- HgCapital Trust reported net asset value per share rose by 21.5% to £19.32 in the year to the end of December, from £16.50 in 2016. This compares with a 13.1% rise in the FTSE All-Share Index.

The company's share price rose by 19.5% to £17.68 in the period from £15.41. Total NAV was £721m for the period, up from £615.8m in 2016.

The firm reported revenue and EBITDA growth of 14% and 16% respectively across the top 20 of its buyout investments - represents 83% of the portfolio - over the last twelve months.

HgCapital said £224m of cash was returned to the company and £73m was invested on behalf of the company.

New commitments were received to invest up to £225m in Hg Saturn and Hg Transition Capital over next 4 to 5 years, broadening the investment reach of the company in its chosen sectors.

Chairman Roger Mountford said: 'Following an excellent year for returns, the Company is well placed to realise a number of investments, while broadening our investment reach and taking advantage of new opportunities within the Manager's established area of expertise.'

At 8:07am: [LON:HGT] HG Capital Trust PLC share price was +62.5p at 1747.5p

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