Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
PANI.L - Pantheon International PLC
Full Year 2024 Pantheon International PLC Earnings Presentation
Sep 05, 2024 / 09:00AM GMT
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Presentation
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Unidentified Company Representative [1]
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During the full year to May 31, 2024, PIP NAV grew by 6.1%. This is stated net of fees. There was positive performance across all stages of the PIP during the period, demonstrating the strength and resilience of the underlying companies. PIP it'sobjective is to maximize customer growth over the long term.
Over the past 10 years, PIP average annualized NAV growth is 13.5%, outperforming the MSCI World and FTSE All-Share indices over the same period. The discount on PIX ordinary shares decreased from 41% at the beginning of the financial year to 34% as at the May 31, 2024.
In our view, the discount is still too wide, but reflects a sector-wide trend. Nevertheless, the