Net Asset Value(s)
Symphony International Holdings Ltd
29 August 2007
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
29 August 2007
Symphony International Holdings Limited (the 'Company')
Net Asset Value
The Company today announces that, at the close of business on 30 June 2007, the
Company's unaudited Net Asset Value was US$135,956,429 representing a Net Asset
Value per ordinary share of US$1.433.
As at 30 June 2007, the issued share capital of the Company was US$101.62
million consisting of 94,878,660 ordinary shares.
The Company was admitted to the Official List of the London Stock Exchange on 3
August 2007 under Chapter 14 of the Listing Manual. The proceeds from the
Company's initial public offering ('IPO') amounted to USD 190 million before
issue expenses pursuant to which 190,000,000 new ordinary shares were issued in
the IPO. In addition to these 190,000,000 ordinary shares, a further 53,381,316
ordinary shares were issued including the subscription of 13,175,796 ordinary
shares by investors and the Company's investment manager, the issue of
33,076,311 bonus ordinary shares, and the issue of 7,129,209 ordinary shares to
the Company's investment manager credited as fully paid raising the total number
of issued shares to 338,259,976. On the same day, 108,565,365 warrants to
subscribe for new ordinary shares at US$1.25 per share, subject to adjustments,
were also issued.
For further information, please contact:
Sunil Chandiramani - Symphony Asia Limited (Tel: +852 2801-6199)
No representation or warranty is made by the Company as to the accuracy or
completeness of the information contained in this announcement and no liability
will be accepted for any loss arising from its use.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Company in any jurisdiction. All investments are
subject to risk. Past performance is no guarantee of future returns. Prospective
investors are advised to seek expert legal, financial, tax and other
professional advice before making any investment decisions.
This announcement is not an offer of securities for sale into the United States.
The Company's securities have not been, and will not be, registered under the
United States Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from registration. There will
be no public offer of securities in the United States.
End of Announcement
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