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

Ceiba InvestmentsAnnouncement

20/05/2020 17:45

RNS Number : 5425N
  
Ceiba Investments Limited
  
20 May 2020
  
 

 
20 May 2020
 
 
CEIBA INVESTMENTS LIMITED
(the "Company")
 
(TICKER CBA, ISIN: GG00BFMDJH11)
Legal Entity Identifier: 213800XGY151JV5B1E88
 
UNAUDITED NET ASSET VALUE PER SHARE AS AT 31 MARCH 2020
 
CEIBA Investments Limited, 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 2020 was USD1.4921 (31 December 2019: USD1.5016). 
 
Applying the GBP:USD exchange rate as at 31 March 2020 of USD1.2405:GBP1.00  (31 December 2019 USD1.1203:GBP1.00), the unaudited NAV in Sterling was GBP1.2028 (31 December 2019 GBP1.1452) per share.
 
The Non-IFRS NAV as at 31 March 2020 was USD1.5181 (31 December 2019: USD1.5295) per share or GBP1.2244 (31 December 2019: GBP1.1664) per share. As at 31 March 2020, the IFRS NAV was USD205,420,062 and the Non-IFRS was USD209,003,396. The difference arises because of the treatment of the USD5m funding from Aberdeen Standard Fund Managers Limited, which is being amortised over 5 years.
 
END OF ANNOUNCEMENT
 
 
For further information, please contact:
 



Aberdeen Standard Fund Managers Limited
Sebastiaan Berger / Evan Bruce-Gardyne 
 


Tel: +44 (0)20 7463 6000




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


Tel: +44 (0)20 7496 3000




JTC Fund Solutions (Guernsey) Limited


Tel: +44 (0)1481 702400



 
www.ceibainvestments.co.uk
 
             
 


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