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Company Announcements

Net Asset Value(s)

RNS Number : 8069A
Aberdeen Frontier Mkts Inv Co Ltd
28 March 2017
 

Aberdeen Frontier Markets Investment Company Limited ("the Company") announces that its unaudited Net Asset Value as at the close of business on 24 March 2017 was USD 0.8858 per share (Sterling equivalent at that date was GBP 0.7102 per share).

 

The above Net Asset Value is based on the net assets of the Company in the Continuing Pool divided by the number of shares in issue (excluding treasury shares) following the completion of the tender.

 

In accordance with the Company's valuation policy, the Company's published NAV per share figures have always included and continue to include current financial year revenue items.

 

In addition, the unaudited Net Asset Value of the Tender Pool as at the close of business on 24 March 2017 divided by the number of shares validly tendered was USD 0.8904  per tendered share (Sterling equivalent at that date was GBP 0.7139 per share).  Cash and cash equivalents at that date represented 71 per cent. of the Tender Pool portfolio.

 

28 March 2017

 

www.aberdeenfrontiermarkets.co.uk

 

Enquiries:                                                                                       

 

Aberdeen Fund Managers Limited (Investment Manager to Aberdeen Frontier Markets Investment Company Limited)

William Hemmings / Gary Jones

Tel: +44 (0)20 7463 6000

 

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett

Tel: +44 (0)20 7383 5100

 

Numis Securities Limited (Nominated Broker)

David Benda

Tel: +44 (0) 20 7260 1275

 

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This information is provided by RNS
The company news service from the London Stock Exchange
 
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