What NBPE reported

NBPE said its net assets were USD 1,152 million, NAV per share was USD 28 and total available liquidity was USD 206 million.

The company also reported USD 150 million of realisations, a 1.9% NAV return, and private company valuations up 2.7%.

Highlights

  • NBPE said it had USD 150 million of realisations and a 1.9% NAV return.
  • Net assets were reported at USD 1,152 million, with private company valuations up 2.7%.
  • The company said total available liquidity was USD 206 million and USD 144 million had been returned to shareholders.

What changed for shareholders

NBPE said it returned USD 144 million to shareholders and set aside USD 240 million for share buybacks.

It also said it bought back 42,763 shares at prices between £14.42 and £14.50, leaving 37,861,284 outstanding shares after cancellation and 37,861,284 voting rights.

The company said it held 3,150,408 shares in treasury and identified the line by ISIN GG00B1ZBD492.

Board changes

David MacLellan was appointed as independent Non-Executive Director and Chairman Designate, while William Maltby is due to retire in December 2026.