Dunedin Enterprise Inv Trust PLC Preliminary Unaudited Net Asset Value at 31/12/17 (8555F)
February 26 2018 - 2:01AM
UK Regulatory
TIDMDNE
RNS Number : 8555F
Dunedin Enterprise Inv Trust PLC
26 February 2018
Dunedin Enterprise Investment Trust PLC
Preliminary Unaudited Net Asset Value announcement for 31
December 2017
The Board of Dunedin Enterprise Investment Trust PLC is pleased
to announce a preliminary unaudited net asset value of 489.2p per
share as at 31 December 2017.
This consists of unlisted investments valued at GBP67.2m and
cash held by the Company of GBP32.9m. The preliminary unaudited net
asset value has been calculated using the underlying managers'
latest valuations (including those received since 31 December
2017), which remain subject to review by the Board of Directors and
audit by KPMG LLP. Based on those valuations, as at 31 December
2017, the Company's unlisted investments were valued at GBP67.2m.
The Company also held cash of GBP32.9m as at 31 December 2017.
In February 2018, 50p per share was returned to shareholders by
a second return of capital via a B share issue. This reduced the
preliminary unaudited net asset value per share to 439.2p and the
cash held by the Company to GBP22.6m
The audited net asset value per share will be published around
19 March 2018.
Given the increasing concentration of the portfolio the Board
intends to make quarterly preliminary unaudited net asset value
announcements prior to an announcement of the finalised unaudited
net asset value approved by the Board.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
NAVMMGZZLKKGRZM
(END) Dow Jones Newswires
February 26, 2018 02:01 ET (07:01 GMT)
Dunedin Enterprise Inves... (LSE:DNE)
Historical Stock Chart
From Apr 2024 to May 2024
Dunedin Enterprise Inves... (LSE:DNE)
Historical Stock Chart
From May 2023 to May 2024