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Net Asset Value(s)

Tue, 1st Apr 2014 15:01

RNS Number : 7668D
AcenciA Debt Strategies Limited
01 April 2014

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AcenciA Debt Strategies Limited

(ACD LN / ACD.L)

Final Net Asset Value as at end February 2014

01 April 2014

As at the close of business on 28 February 2014, the Company's Final Net Asset Value per share was as follows:

Ordinary shares

111.14p

The final performance for the month was +1.3%, which was in line with the estimate. However a provision was taken as the Directors applied an adjustment to the reported net asset value of investments held as at 31 December 2013 where they deemed those reported net asset values not to represent fair value given the possibility that some assets may need to be sold on the secondary market prior to the year-end.

This valuation, which has been prepared in good faith by the Company's administrator, is for information purposes only and is based on the unaudited estimated valuations supplied to the administrators or managers of the Company's underlying investments. Such estimates may be subject to little verification or other due diligence and may not comply with generally accepted accounting practices or other generally accepted valuation principles. In addition, some of those estimates may not be supplied on a regular or timely basis with the result that the values of such investments are based on the latest available estimates which may be some time before the date set out above. Other risk factors which may be relevant to this valuation are set out in the Company's prospectuses dated 9 November 2005, 15 June 2006 and 31 January 2007.

For more information please contact:

Jon Macintosh

Saltus Partners LLP

+44 20 7499 0200

Hugh van Cutsem

Kepler Partners LLP

+44 20 3384 8796

Information on the Company:

The Company is a Guernsey-incorporated, closed-ended investment company listed on the London Stock Exchange.

The Company invests predominantly in distressed debt on a global basis through a high-conviction portfolio.

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