Sign In
Last checked at 
2 Feb 2010 16:59
2 February 2010
PRODESSE INVESTMENT LIMITED
Net Asset Value
The Company announces that the unaudited Net Asset Value per Ordinary share, including accrued and net undistributed income, as at 31 January 2010 was US$8.75. This Net Asset Value includes estimated liquidation costs known by the Company as at 31 January 2010. Such costs arise from the decision by shareholders on 21 December 2009 to support an orderly realisation of assets and are based on various assumptions (some of which are beyond the Company's control). Actual liquidation costs could differ materially from those set forth in the Company's estimates. Moreover, additional liquidation costs which are currently unknown to the Company may also be incurred.
Assuming a USD/GBP exchange rate of 1.6012, which was the prevailing spot rate on 31 January 2010, the NAV per share would have been equivalent to 546p. This figure is given for information only, as Prodesse holds its assets and liabilities in US Dollars and reports its results in the same currency.
Enquiries:
BNP Paribas Fund Services (Guernsey) Limited:
Sara Bourne / Jean McMillan 01481 750850
Follow the stocks
