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Pin to quick picksCrystal Amber Share News (CRS)

Share Price Information for Crystal Amber (CRS)

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Share Price: 87.75
Bid: 87.50
Ask: 88.00
Change: 0.25 (0.29%)
Spread: 0.50 (0.571%)
Open: 87.50
High: 87.75
Low: 87.50
Prev. Close: 87.50
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Crystal Amber Fund Reports Net Asset Value Growth

Mon, 08th Sep 2014 09:38

LONDON (Alliance News) - Crystal Amber Fund Ltd Monday said its net asset value per share rose by 20.8% to 160.8 pence per share over its last financial year.

In a statement, the company said that Plus500 Limited, TT Electronics PLC, Sutton Harbour Holdings PLC, STV Group PLC and Cenkos Securities PLC made significant contributions to its NAV performance.

Realised gains over the year, which amounted to GBP17.1 million, included GBP3.9 million on Norcros PLC, GBP2.7 million on Connect Group PLC (formerly Smiths News PLC) and GBP2.5 million on Northgate PLC.

"The [GBP26.4 million before expenses] proceeds received from the fundraising in August 2013 have enabled us to make new investments and to add to existing positions. Our engagement with investee companies continues and we are confident that this will help to generate further gains in the coming year," Chairman William Collins said in a statement.

Crystal Amber shares were Monday quoted down 0.7% at 141.07 pence per share.

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.

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