TIDMACD

RNS Number : 7984W

AcenciA Debt Strategies Limited

24 August 2015

ACENCIA DEBT STRATEGIES LIMITED

(The "Company")

(Registered in Guernsey - Number 43787)

Registered Office:

Sarnia House, Le Truchot,

St Peter Port, Guernsey, GY1 4NA

Telephone: +44 1481 737600

Facsimile: +44 1481 749810

 
 For immediate release     24 August 2015 
----------------------    ---------------

Interim Results for the six months ended 30 June 2015

AcenciA Debt Strategies Ltd ("AcenciA" or the "Company"), the closed-ended investment company listed on the London Stock Exchange, today announces its unaudited interim results for the six months ended 30 June 2015

A full copy of the interim results can be accessed through the link below:

Highlights

-- During February 2015 the Company completed the Tender Offer and repurchased 51.20% of its issued share capital as at 31 December 2014.

   --     The Company's share capital was redenominated in US Dollars on 27 May 2015. 
   --     During the period the Company acquired and cancelled a further 700,000 ordinary shares.

-- Net asset value per share increased by 1.8% per cent to $1.73 (taking account of dividends paid) for the six months to 30 June 2015.

   --     An interim dividend of 1.95p per share was paid in the period

-- An interim dividend of 3.03 cents per share will be paid on 14 October 2015 to shareholders on the register on 4 September 2015, representing 1.75% of the USD net asset value per share in line with the Company's stated dividend policy.

Chairman's Comment

William Scott, Chairman of AcenciA, said "I am pleased to present our shareholders with the Interim Report of AcenciA Debt Strategies, covering the period from 1 January 2015 to 30 June 2015. 2015 has been a satisfactory year so far for the Company and we are pleased that over this period AcenciA was able to post a positive total return in NAV terms in a low volatility manner. The Company continues to uphold its successful investment strategy of holding a concentrated portfolio which focuses on establishing investment partnerships with superior hedge fund managers tasked with finding a multitude of event-driven and multi-strategy credit opportunities.

We believe that the recent changes, both to the structure and the investment strategy, are likely to give us the best chances of producing superior risk-adjusted returns over the next three years."

For further information, please contact:

Saltus Partners LLP, Jon Macintosh

+ 44 20 7408 7765

Canaccord Genuity Limited, David Yovichic

+44 20 7523 8361

Kepler Partners LLP, Hugh van Cutsem

+44 20 3384 8796

Click on, or paste the following link into your web browser, to view the associated PDF document:

http://www.rns-pdf.londonstockexchange.com/rns/7984W_-2015-8-21.pdf

This information is provided by RNS

The company news service from the London Stock Exchange

END

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