- SPEAS is an investment company investing in private equity funds. The Company is listed on Nasdaq Copenhagen.
- SPEAS invests in a portfolio of buy-out funds active in the Nordic region, both funds primarily investing in a single country in the Nordic region and funds investing in Europe. Nordic buy-out funds have historically generated attractive returns.
- At present, SPEAS prioritises distribution to shareholders over new investment commitments. Distribution will be in the form of share buybacks and/or dividends.
- Distribution to shareholders will reduce SPEAS’s investment capacity to an extent expected to result in a winding-up of the Company.
SPEAS is classified as a tax-exempt investment company. Please refer here for more information on the taxation of SPEAS shares.
Private equity is a long term investment. It is therefore not recommendable to invest in a listed private equity fund-of-funds company with expectations of a short term gain.
|Extraordinary dividend distribution
On 15 September 2016, the Board of Directors resolved to distribute extraordinary dividend of DKK 1,000 per share. The dividend was distributed on Wednesday 21 September 2016.