Net Asset Value(s)

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: [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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