Sign In
Last checked at 
17 Feb 2012 09:31
ORYX INTERNATIONAL GROWTH FUND LIMITED
INTERIM MANAGEMENT STATEMENT FOR THE QUARTER ENDED 31 DECEMBER 2011
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 October 2011 to 31 December 2011, 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
During the period under review, the FTSE Small Cap TR (£) Index returned -1.26% and the FTSE All-Share TR Index (£) returned +8.39%. Against this, the Fund's net asset value rose by 3.7% to 279p per share. Whilst market conditions remain difficult, the Manager believes that there is the potential for corporate activity to occur in the Fund's quoted portfolio and there remains scope for capital appreciation in the unquoted portfolio.
Material Transactions
Since 1 October 2011, the Company has purchased for cancellation the following shares:
14 December 2011 a total of 584,392 ordinary shares at a gross price of £1.90 per share.
19 December 2011 a total of 5,000 ordinary shares at a gross price of £1.90 per share.
28 December 2011 a total of 5,000 ordinary shares at a gross price of £2.00 per share.
9 February 2012 a total of 53,000 ordinary shares at a gross price of £2.02 per share.
Material Events
There were no material events during the quarter ended 31 December 2011.
Report and Accounts
On 25 November 2011, the Company posted its Interim Report for the six months ended 30 September 2011, to Shareholders.
Financial Highlights
| 31 December 2011 | 30 September 2011 | 30 June 2011 | 31 March 2011 | 31 December 2010 |
|
|
|
|
|
|
NAV | £2.79 | £2.69 | £2.96 | £2.72 | £2.81 |
|
|
|
|
|
|
US Dollar / Sterling Exchange Rate |
1.5541 |
1.5579 |
1.6055 |
1.6029 |
1.5657 |
|
|
|
|
|
|
Twenty Largest Equity Investments at 31 December 2011
% Net Assets | |
Gleeson (M.J.) Group Plc | 7.00 |
CVS Group Plc | 6.71 |
Redhall Group Plc | 6.47 |
GTL Resources Plc | 6.20 |
Augean Plc | 5.47 |
Guinness Peat Group Plc | 5.39 |
RPC Group Plc | 5.28 |
Orthoproducts Ltd | 5.14 |
Quatro Group Inc | 4.99 |
BBA Aviation Plc | 4.28 |
Idox Plc | 4.28 |
Eckoh Plc | 3.97 |
Assetco Plc | 3.87 |
Catalyst Media Group Plc | 3.51 |
Bavaria Industriekapital Ag | 3.14 |
Sinclair IS Pharma Plc | 3.05 |
Nastor Inv Ltd Zero Redeem Prefer Shares | 2.71 |
Journey Group Plc | 2.53 |
Bionostics Holdings Ltd | 2.49 |
Celsis AG | 2.18 |
85.33 |
The financial information for the quarter ended 31 December 2011 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
Follow the stocks
