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

Ceiba InvestmentsAnnouncement

06/11/2019 12:35

RNS Number : 5103S
Ceiba Investments Limited
06 November 2019
 


 
6 November 2019
 
 
CEIBA INVESTMENTS LIMITED
(the "Company")
 
(TICKER CBA, ISIN: GG00BFMDJH11)
Legal Entity Identifier: 213800XGY151JV5B1E88
 
UNAUDITED NET ASSET VALUE PER SHARE AT 30 SEPTEMBER 2019
 
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 30 September 2019 was USD1.4275.
 
Applying the GBP:USD exchange rate as at 30 September 2019 of USD1.2292:GBP1.00, the unaudited NAV in Sterling, was GBP1.1613 per share.
 
The Non-IFRS NAV at 30 September 2019 was USD1.4572 per share or GBP1.1855 per share. These figures include an adjustment recognising the full amount of USD5.0m/GBP3.9m received from Aberdeen Standard Fund Managers Limited in November 2018 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 / Evan Bruce-Gardyne / 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




JTC Fund Solutions (Guernsey) Limited


Tel: +44 (0)1481 702400



 
www.ceibainvestments.co.uk
 
END OF ANNOUNCEMENT         
 




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