Vostok Emerging Finance Net Asset value, February 28, 2018:
March 02 2018 - 2:00AM
Vostok Emerging Finance Net Asset value, February 28, 2018:
NAV end of period
Per Share: SEK 2.68 / USD 0.32
Total value: SEK 1,769.5 mln / USD 214.3 mln
@ USD/SEK 8.256
Movement in NAV over the
period
SEK NAV per share +6.8% MoM and +7.9% since last published
quarterly NAV (December 2017).
USD NAV per share +1.4% MoM and +7.6% since last published
quarterly NAV (December 2017).
The change in monthly published NAV was mainly a result of TCS
Group Holding’s share price development.
VEF share price premium / discount to
NAV
As at February 28, 2018 VEF share price (VEMF SDB) traded at a
18.9% discount to reported NAV. The adjusted discount to NAV,
stripping out portfolio cash and liquid assets at book value was
22.1%.
Summary NAV composition
Top 3 equity holdings, February 28, 2018 (Share of Total
NAV):
- TCS Group Holding 35.2%
- GuiaBolso 14.0%
- Creditas 11.7%
Net cash and liquid investments amounted to USD 28.0 mln (13.1%
of total NAV) as at end of period.
The number of outstanding shares as of February 28, 2018 was
661.5 mln.
This press release has not been subject to review by the
company's auditors.
Key figures included in this NAV report are categorized as
Alternative Performance Measures (APMs) which are financial
measures not defined or specified in the applicable financial
reporting framework IFRS. As such, these measurements have
limitations and should not be used as a substitute for measures of
performance in accordance with IFRS.
For further information please contact: Henrik Stenlund, CFO,
Tel +46 (0)8 545 015 50
Vostok Emerging Finance is an investment company with the goal
of investing in early stage modern financial services companies
across emerging and frontier markets. VEF trades in Sweden on
Nasdaq First North under the ticker VEMF SDB.
Vostok Emerging Finance’s Certified Adviser on Nasdaq First
North is Pareto Securities AB.
The information was submitted for publication, through the
agency of the contact person set out above, at 08.00 CEST
on March 2, 2018.
VEF_NAV_180228
Vostok Emerging Finance (LSE:0GBH)
Historical Stock Chart
From Apr 2024 to May 2024
Vostok Emerging Finance (LSE:0GBH)
Historical Stock Chart
From May 2023 to May 2024