Hi forstox , is the auditor Hart Shaw?Just received the below...

  1. 23 Posts.
    Hi forstox , is the auditor Hart Shaw?

    Just received the below from the company this morning.

    DearSteppes Shareholder,

    Herefollows an update on the listing of Steppes Private Equity Partners 1 LP. Thecompany have now published their March results (attached) which means that theycan now conclude the public listing process.

    Thecompany’s brokers and advisors have now confirmed that they should now be in aposition to file their prospectus w/c 21.07.2019.

    Fromwhen the prospectus is filed it will take between 4-6 weeks before the publiclisting completes (in the attached statement the company have confirmed thatthey will be list in Q3 2019).

    Asnoted, the net asset value per partnership interest is now USD$53.55, this isthe equivalent of USD$0.91 (AUS$1.31) for every Steppes Alternatives PLC(Steppes) shares owned.

    Everyshare purchased in Steppes now has a net asset value of AUD$2.07 and ALTFinancial Group Ltd has a net asset value of AUD$3.18.

    Also,for every Steppes share purchased shareholders have received a distribution ofpartnership interests in Steppes Private Equity Partners 1 LP which now have avalue of AUD$1.31 for every Steppes share purchased.

    Therefore,the combined net asset value for every Steppes share purchased is now AUD$6.56.

    Regards

    Steppes Private Equity Partners 1 LP


 
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