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Net Asset Value(s)

10 Sep 2009 11:57

RNS Number : 8507Y
Draganfly Investments Ltd
10 September 2009
 

Draganfly Investments Limited

(the "Company")

Net Asset Value

The Company's unaudited Net Asset Value as at 28th August 2009 was £1,644,309.25 resulting in a Net Asset Value per ordinary share of 1.44p

Included within this are shares in a private company which has recently issued additional shares at a deeply discounted price. Consequently, the directors of Draganfly have valued their holding in this stock at the lower price. This has resulted in a reduction of the carrying value of this stock of £477,300 which is reflected in the lower overall Net Asset Value of the Company for August 2009.

For further information please contact:

T Edward G Bayman +44 (0)1534 787889

Dennis Edmonds 07796 338 372

Draganfly Investments Limited

Clive Carver, Rose Herbert

FinnCap (Nominated Advisor) +44 (0)20 7600 1658

………………………………………

Roy L Pitcher

Director

Draganfly Investments Limited

10 September 2009

This information is provided by RNS
The company news service from the London Stock Exchange
 
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