Oryx International Growth Share News (OIG)

LONDON (Alliance News) - Oryx International Growth Fund Ltd Tuesday said its net asset value decreased by 0.7%, to 537 pence per share in the quarter ended June 30, an outperformance against the FTSE Small Cap Index's 2.6% fall but an underperformance against the FTSE All-Share Index's 2.2% return.

"The company has benefited from the recent improvement in market conditions resulting in an all-time high net asset value per share at 31 March 2014," the fund's statement said.

It added that the company's largest unquoted holding, Celsius AG, is considering liquidity options and "this may create further value for shareholders in the current financial year."

Shares in the fund were Tuesday quoted down 1.5% at 396.50 pence per share.

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

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