REG - Ceiba Investments Ld - Net Asset Value(s)

Ceiba InvestmentsAnnouncement

29/05/2019 11:30

RNS Number : 4817A
Ceiba Investments Limited
29 May 2019
 


 
29 May 2019
CEIBA INVESTMENTS LIMITED
(TICKER CBA, ISIN: GG00BFMDJH11)
UNAUDITED NET ASSET VALUE PER SHARE AT 31 MARCH 2019
 
 
CEIBA Investments Limited ("CEIBA" or the "Company"), the largest listed foreign investor solely dedicated to investing in Cuba, announces that its unaudited net asset value per share ("NAV") as at 31 March 2019 was US$1.5073 (31 December 2018 audited NAV US$1.4937).
Applying the £ : US$ FOREX as at 31 March 2019 of 1.3053 (31 December 2018  1.2691), the unaudited NAV in Sterling, was £ 1.1547 per share (31 December 2018 audited NAV £ 1.1770).
The non-IFRS NAV at 31 March 2019 is US$1.5406 per share or £1.1802 per share.  These figures include an adjustment recognising the full amount of US$5.0m / £3.9m received from Aberdeen Standard Fund Managers Limited in connection with the execution of the  Management Agreement (rather than deferring this amount over the five-year term of the Management Agreement as required by IFRS).
 
For further information, please contact:
 



Aberdeen Standard Fund Managers Limited
Sebastiaan Berger / Gary Jones / Christian Pittard
 


Tel:  +44 (0)20 7463 6000




N+1 Singer
James Maxwell / James Moat (Corporate Finance)
James Waterlow (Sales)
 


Tel: +44 (0)20 7496 3000



 
The monthly reported NAV per share, together with performance statistics and information on the valuation of principal investments, is available on CEIBA's website at www.ceibainvestments.co.uk.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NAVPGUQPAUPBGUB