7 Nov 2013 14:46
Advance Developing Markets Fund Limited announces that as at the close of business on 06 November 2013 its unaudited Net Asset Value (NAV) was:
Net assets (millions) | NAV per ordinary share |
£313.4 | 488.78p |
Notes:
The NAV per ordinary share figure is based on 64,128,454 ordinary shares (excluding shares held in treasury) in issue on the above date.
Quoted investments in the Company's portfolio have been valued on a bid price basis in the above calculations. Investments in open-ended funds have been valued using their latest available net asset values.
The above Net Assets and NAV figures include current financial year revenue items.
No adjustment for dilution to the above NAV has been made in respect of any shares held in treasury.
Enquiries:
Advance Emerging Capital Limited (Investment Manager to Advance Developing Markets Fund Limited)
Dr Slim Feriani Tel: +44 (0)20 7016 0030
Cavendish Administration Limited (UK Administration Agent)
Anthony Lee Tel: +44 (0)20 7490 4355
Ordinary Shares - Listing Category: Premium - Equity Closed-ended Investment Funds