DAMILLE INVESTMENTS LIMITED (LSE:DIL) (the "Company")
7 June 2012
Announcement of NAV as at 31 May 2012
The Company announces that the unaudited net asset value per share as at 31 May 2012 was 66.26 pence amounting to a net asset value of £23,687,631.07.
The Company has already returned 44 pence per share in cash (£15,729,560.00) to shareholders since its launch on 31 March 2010. As announced on 23 May 2012, the board has resolved to return to shareholders a further 4 pence per share and this return will have a settlement date on or around 15 June 2012.
As at the 31 May 2012 the Company had deployed 91.6% of its initial net asset value.
The Company is a Guernsey registered, closed-ended investment company which is listed on the Specialist Fund Market of the London Stock Exchange and on the Channel Islands Stock Exchange.
The investment objective of the Company is to invest in a concentrated portfolio of mainly closed-ended investment funds and investment companies with an equity market capitalisation of below £100 million and that the Manager believes would benefit from the implementation of certain measures to optimise their balance sheets and align management and shareholder interests.
The Company will have a fixed life of four years from the date of Admission and it firmly intends to return to shareholders the net capital proceeds of all material profitable realisations from its investments promptly following their receipt.
By order of the Board
Damille Investments Limited
Administrative Enquiries: Shareholder Enquiries:
Anson Fund Managers Limited Nimrod Capital LLP
Tel: +44 (0) 1481 722 260 Tel: +44 (0) 20 3355 6855
E&OE - In Transmission
END OF ANNOUNCEMENT
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