Net Asset Value(s)

RNS Number : 7420L

Ceiba Investments Limited

15 January 2021

 

15 January 2021

CEIBA INVESTMENTS LIMITED

(the "Company")

(TICKER CBA, ISIN: GG00BFMDJH11)

Legal Entity Identifier : 213800XGY151JV5B1E88

UNAUDITED NET ASSET VALUE PER SHARE AS AT 30 SEPTEMBER 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 30 September 2020 was USD1.2888 (30 June 2020: USD1.2893).

Applying the GBP:USD exchange rate as at 30 September 2020 of USD1.2924:GBP1.00    (30 June 2020 USD1.2359:GBP1.00), the unaudited NAV in Sterling was GBP0.9972 (30 June 2020 GBP1.0432) per share .

The Non-IFRS NAV as at 30 September 2020 was USD1.3112 (30 June 2020: USD1.3135) per share or GBP1.0145 (30 June 2020: GBP1.0628) per share.   As at 30 September 2020, the IFRS NAV was US D177,431,171 and the Non-IFRS was US D180,514,505 . 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: [phone]
N+1 Singer James Maxwell / James Moat (Corporate Finance) James Waterlow (Sales)	Tel: [phone]
JTC Fund Solutions (Guernsey) Limited	Tel: [phone]

www.ceibainvestments.co.uk

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