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Interim Management Statement

19 Aug 2010 17:38

RNS Number : 3696R
Oryx International Growth Fund Ld
19 August 2010
 



ORYX INTERNATIONAL GROWTH FUND LIMITED

 

INTERIM MANAGEMENT STATEMENT FOR THE QUARTER ENDED 30 JUNE 2010

 

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 1 April 2010 to 30 June 2010, 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 FTSE All - Share TR Index (£) returned -11.80% in the three months ended 30 June 2010 as risk aversion continued among investors worried about a series of macro economic concerns, including poor US economic data, a slowdown in China and fears of a double-dip recession in the UK. UK small-cap stocks out performed the broad index, with the FTSE Small Cap TR (£) Index returning -6.07%. Against this backdrop, the Fund's NAV rose by 3.13%, whilst its share price increased by 5.39% to £1.76.

 

 

Material Transactions

Since 1 April 2010 the Company purchased for cancellation a total of 1,482,971 ordinary shares at a gross price of £1.72 per share.

 

Material Events

There were no material events during the quarter ended 30 June 2010.

 

Report and Accounts

On 23 June 2010, the Company posted its Annual Report and Accounts for the year ended 31 March 2010, to Shareholders. On 5 July 2010, the Company published 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 2010

31 March 2010

31 December 2009

30 September 2009

 

 

 

 

 

NAV

£2.35

£2.28

£2.26

£2.21

 

 

 

 

 

US Dollar / Sterling Exchange Rate

 

1.4961

 

1.5169

 

1.4378

 

1.5994

 

 

 

 

 

** Sterling adjusted

 

 

 

 

 

 

 

 

Twenty Largest Equity Investments at 30 June 2010

 

%

RPC Group Plc

7.26%

Chrysalis Holdco

7.03%

Avanti Communications Group Plc

6.21%

Inspired Gaming Group Plc

6.13%

Catalyst Media Group Plc

5.55%

Tenon Group Plc

5.21%

Orthoproducts Limited

5.15%

Gleeson (M J) Group Plc

4.80%

BBA Aviation Plc

4.63%

Bionostics Holdings Limited Pref Shs

4.34%

Bavaria Industriekapital AG

4.19%

Quarto Group Plc

3.93%

Augean Plc

3.32%

Nastor Investement Limited

3.09%

Journey Group Plc

3.04%

Vislink Plc

2.76%

AssetCo Plc

2.61%

AC Management Services Limited

2.18%

Green CO2 Plc

2.09%

Asset Co (Abu Dhabi) Plc

2.02%

% of total portfolio

85.54

 

The financial information for the quarter ended 30 June 2010 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
 
 
IMSGGUQWRUPUGQB
Date   Source Headline
11th Mar 20097:00 amRNSHolding(s) in Company
10th Mar 20098:22 amRNSHolding(s) in Company
9th Mar 20093:50 pmRNSHolding(s) in Company
6th Mar 200912:11 pmRNSNet Asset Value(s)
4th Mar 200911:07 amRNSTransaction in Own Shares
27th Feb 20094:32 pmRNSAnnual Information Update
18th Feb 200910:36 amRNSHolding(s) in Company
13th Feb 20093:13 pmRNSHolding(s) in Company
12th Feb 200910:46 amRNSInterim Management Statement
16th Jan 200912:04 pmRNSNet Asset Value(s)
12th Dec 20084:07 pmRNSNet Asset Value(s)
26th Nov 20085:31 pmRNSInterim Results
21st Nov 20087:00 amRNSTransaction in Own Shares
18th Nov 200812:08 pmRNSNet Asset Value(s)
13th Nov 20085:25 pmRNSHolding(s) in Company
6th Nov 20082:58 pmRNSTransaction in Own Shares
17th Oct 20081:12 pmRNSNet Asset Value(s)
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18th Jul 200810:00 amRNSAnnual Report and Accounts
17th Jul 200810:16 amRNSNet Asset Value(s)
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11th Jun 20089:30 amRNSDirector's Estimate - Net Ass
11th Jun 20089:26 amRNSNet Asset Value(s)
4th Jun 20084:11 pmRNSDirector's Estimate - Net Ass
23rd May 200811:52 amRNSChange of Registered Office
21st May 20082:40 pmRNSNet Asset Value(s)
12th May 200812:13 pmRNSWeekly Net Asset Value
2nd May 200810:29 amRNSWeekly Net Asset Value
28th Apr 200810:27 amRNSWeekly Net Asset Value
18th Apr 200811:51 amRNSWeekly Net Asset Value
16th Apr 200810:02 amRNSNet Asset Value(s)

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