Net Asset Value(s)

RNS Number : 9345X

Advance Developing Markets Fund Ltd

22 February 2012

 



Advance Developing Markets Fund Limited announces that as at the close of business on 17 February 2012 its unaudited Net Asset Value (NAV) was:

Net assets (millions)	NAV per ordinary share
£379.7	499.94p

Notes:

The NAV per ordinary share figure is based on 75,943,954 ordinary shares (excluding shares held in treasury) in issue on the above date.  

Quoted investments in the Company's portfolio have been valued on a bid price basis in the above calculations. Investments in open-ended funds have been valued using their latest available net asset values.

The above Net Assets and NAV figures include current financial year revenue items.

No adjustment for dilution to the above NAV has been made in respect of any shares held in treasury.

Enquiries:

Advance Emerging Capital Limited (Investment Manager to Advance Developing Markets Fund Limited)

Dr Slim Feriani                          Tel: [phone]                   

Cavendish Administration Limited (UK Administration Agent)

Anthony Lee / Russell Scott      Tel: [phone]

Ordinary Shares - Listing Category: Premium - Equity Closed-ended Investment Funds

 

END

 

 

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