11 Mar 2016 14:15
ACORN INCOME FUND LD - Net Asset Value(s)ACORN INCOME FUND LD - Net Asset Value(s)
PR Newswire
London, March 11
ACORN INCOME FUND LIMITED (the "Company") (a closed-ended investment company incorporated in Guernsey with registration number 34778) Net Asset Values As at the close of business on 09th March 2016 the estimated Net Asset Valuesof the Company's shares are as follows: NAV Shares in NAV Date Issue Cum-income NAV* 383.50p 15,910,692 09th March 2016 Ex-income NAV** 381.78 15,910,692 09th March 2016 ZDP shares 130.43p 21,357,174 09th March 2016 *Cum-income net asset value includes all current year income, less the value ofany dividends paid in respect of the period together with the value of anydividends which have been declared and marked ex dividend but not yet paid. **Ex-income net asset value is the Cum-income NAV excluding net current yearincome (net current year income being all current year income, less the valueof any dividends paid in respect of the period together with the value of anydividends which have been declared and marked ex-dividend but not yet paid).Any undistributed income from the prior year is moved to reserves on the firstbusiness day of the new period, meaning that all ex-income NAVs released duringa financial year equate to the cum-income NAV less year to date undistributedincome. Total assets less current liabilities as at the above date were GBP88.874million. This amount excludes the liability for the ZDP Shares whichmature on 31 January 2017. The portfolio has been valued using bid prices. Net assets attributable to holders of Ordinary Shares as at the above date wereGBP 61.018 million. TOTAL NUMBER OF VOTING RIGHTS The ZDP Shares shall not have the right to attend or vote at any generalmeeting of the Company unless the business of the meeting includes anyresolution to vary, modify or abrogate any of the special rights attached tothe ZDP Shares. Accordingly, the total number of voting rights in the Companyis 15,910,692 Enquiries: Northern Trust International Fund Administration Services (Guernsey) Limited Harry Rouillard 44 (0)1481 745001 Date: 11th March 2016 END