Completion of Cross-Trades

RNS Number : 8849F

Africa Opportunity Fund Limited

25 February 2015

 



25 February 2015

Africa Opportunity Fund Limited

("AOF" or "the Company")

Completion of Cross-Trades

Africa Opportunity Fund Limited announces that its investment manager, Africa Opportunity Partners Limited ("AOP") has completed a series of trades between AOF and Africa Opportunity Cayman Limited ("AOCL") to acquire blocks of securities (the "Cross-Trades"). The Cross-Trades were transacted at the prevailing market rate at the time of trade, facilitated by third-party brokers.

As a result of one of the above Cross-Trades, AOF has notified the Ghana Stock Exchange that it had increased its holdings in Enterprise Group Limited ("EGL") to 15,053,139 shares representing 11.41% of EGL's issued shares.

AOCL is an open-ended fund, invested in a strategy similar to that of AOF.

For further information please contact:

Africa Opportunity Fund Limited
Francis Daniels    

Tel: [phone]

 

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