Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOryx International Growth Regulatory News (OIG)

Share Price Information for Oryx International Growth (OIG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,300.00
Bid: 1,310.00
Ask: 1,380.00
Change: 0.00 (0.00%)
Spread: 70.00 (5.344%)
Open: 1,310.00
High: 1,310.00
Low: 1,300.00
Prev. Close: 1,300.00
OIG Live PriceLast checked at -
Oryx International Growth is an Investment Trust

To generate consistently high absolute returns whilst maintaining a low level of risk for shareholders by investing in small and mid-size quoted and unquoted companies in the UK and US.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Interim Management Statement

17 Aug 2009 09:53

RNS Number : 5319X
Oryx International Growth Fund Ld
17 August 2009
 



ORYX INTERNATIONAL GROWTH FUND LIMITED

INTERIM MANAGEMENT STATEMENT FOR THE QUARTER ENDED 30 JUNE 2009

Oryx International Growth Fund Limited ("Oryx" or the "Company"), is publishing this Interim Management Statement in accordance with DTR 4.3 of the FSA Handbook.

This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or for any other purpose.

This interim management statement relates to the period from April 2009 to 30 June 2009, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified.

Manager's Review

The stock market started a recovery in early April with the Financial Times Stock Exchange Index rising by 8.2% over the three month period to 30 June 2009. The net asset value of Oryx rose by 12.6% although overall performance was held back by the unquoted portfolio where there was no meaningful change during the period.

The movement in the market appears to reflect the anticipation of an economic recovery in 2010 and is ignoring very weak corporate earnings for the current year.

Our strategy has been to take advantage of this by rebuilding cash positions and focussing heavily on new situations when we believe the share price substantially undervalues the private market value of the business.

Material Transactions

Since 1 April 2009 the Company purchased for cancellation a total of 930,824 ordinary shares at an average cost of £1.468 per share.

Material Events

There were no material events during the quarter ended 30 June 2009.

Report and Accounts

On 22 July 2009, the Company posted its Annual Report and Accounts for the year ended 31 March 2009, to Shareholders, together with a circular containing notice of the Company's Annual General Meeting and details in relation to the proposed Rule 9 waiver.

Financial Highlights

30 June 2009

31 March 2009

31 December 2008

30 September 2008

NAV 

£1.97

£1.75

£1.73

£2.15

Mid-market price

155.0p

100.0p

118.5p

192.0p

FTSE All-Share Index

2172.1

1984.2

2209.29

2483.67

Standard & Poor's 500 Composite Index**

558.2

556.6

628.2

653.4

Russell 2000**

308.6

294.9

347.4

381.3

US Dollar / Sterling Exchange Rate

1.6469

1.4334

1.4378

1.7825

** Sterling adjusted

Twenty Largest Equity Investments at 30 June 2009

%

RPC Group Plc

8.03

Celsis International Plc

6.46

Orthoplastics Limited

6.01

AssetCo Plc

5.47

Dialight Plc

5.40

Bavaria Industriekapital AG

4.94

Journey Group Plc

4.55

Avanti Communications Plc 

4.33

Catalyst Media Group Plc

4.16

Castle Support Services Plc

4.13

Quarto Group Inc

4.10

BBA Aviation Plc

4.04

Augean Plc

3.40

Inspired Gaming Group Plc

3.05

Bionostics Holdings Limited

2.57

Payzone Plc

2.51

Gleeson (MJ) Group Plc

2.33

Communisis Plc

2.12

Essenden Plc

1.96

Nationwide Accident Repair Services Plc

1.94

% of total portfolio

81.50

The financial information for the quarter ended 30 June 2009 contained within this Interim Management Statement has not been audited.

By order of the Board

BNP Paribas Fund Services (Guernsey) Limited, for and on behalf of 

Oryx International Growth Fund Limited

as Company Secretary

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSGUUPARUPBURM
Date   Source Headline
20th Jan 20159:43 amRNSHolding(s) in Company
7th Jan 201511:46 amRNSHolding(s) in Company
19th Dec 20141:02 pmRNSNet Asset Value(s)
19th Dec 201410:53 amRNSHolding(s) in Company
9th Dec 20143:55 pmRNSHolding(s) in Company
2nd Dec 20142:02 pmRNSHolding(s) in Company
27th Nov 20147:00 amRNSHolding(s) in Company
25th Nov 20148:31 amRNSNet Asset Value(s)
24th Nov 20149:30 amRNSHalf Yearly Report
13th Nov 20141:30 pmRNSTransaction in Own Shares
29th Oct 20145:17 pmRNSNet Asset Value(s)
28th Oct 20144:00 pmRNSForm 8.3 - ALLOCATE SOFTWARE PLC
9th Oct 20144:12 pmRNSHolding(s) in Company
6th Oct 20147:00 amRNSTransactions in Close Period
2nd Oct 201411:25 amRNSHolding(s) in Company
1st Oct 20144:58 pmRNSHolding(s) in Company
30th Sep 20142:00 pmRNSTransaction in Own Shares
24th Sep 20144:18 pmRNSNet Asset Value(s)
4th Sep 20141:11 pmRNSHolding(s) in Company
1st Sep 20145:30 pmRNSHolding(s) in Company
28th Aug 20149:40 amRNSNet Asset Value(s)
27th Aug 20147:00 amRNSResult of AGM
19th Aug 20144:17 pmRNSHolding(s) in Company
12th Aug 20147:00 amRNSInterim Management Statement
25th Jul 20144:45 pmRNSNet Asset Value(s)
22nd Jul 20144:57 pmRNSHolding(s) in Company
22nd Jul 20144:55 pmRNSHolding(s) in Company
18th Jul 20143:57 pmRNSCirc re. AGM and waiver
7th Jul 20143:56 pmRNSUpdate of Investment Restrictions
2nd Jul 20147:00 amRNSAnnual Financial Report
24th Jun 20145:32 pmRNSNet Asset Value(s)
29th May 20144:19 pmRNSNet Asset Value(s)
22nd May 20144:12 pmRNSHolding(s) in Company
28th Apr 201412:35 pmRNSHolding(s) in Company
25th Apr 20141:07 pmRNSNet Asset Value(s)
2nd Apr 201411:16 amRNSHolding(s) in Company
27th Mar 20146:00 pmRNSNet Asset Value(s)
10th Mar 20142:20 pmRNSHolding(s) in Company
27th Feb 20141:30 pmRNSNet Asset Value(s)
14th Feb 20143:00 pmRNSInterim Management Statement
13th Feb 20142:57 pmRNSHolding(s) in Company
30th Jan 20144:00 pmRNSNet Asset Value(s)
22nd Jan 20143:36 pmRNSHolding(s) in Company
22nd Jan 20143:31 pmRNSHolding(s) in Company
21st Jan 20144:16 pmRNSHolding(s) in Company
20th Jan 20145:32 pmRNSTransaction in Own Shares
20th Jan 20145:20 pmRNSHolding(s) in Company
13th Jan 20141:50 pmRNSHolding(s) in Company
27th Dec 20135:00 pmRNSTransaction in Own Shares
19th Dec 20135:00 pmRNSNet Asset Value(s)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.