NAV misstatement

RNS Number : 0759J

CQS Natural Resources Grwth&Inc PLC

14 August 2019

 

From:               CQS Natural Resources Growth and Income plc

LEI:                  549300ES8CNIK2CQR054

Date:                  14 August 2019

CQS Natural Resources Growth & Income PLC

(the "Company")

NAV misstatement

The Company wishes to inform Shareholders and the market that, due to administrative errors, the net asset value per ordinary share was overstated between 4 October 2018 and 2 August 2019 (inclusive). During this period, the published cum-income net asset value per share differed from the corrected cum-income net asset value per share by no more than 0.24%. During this period the ex-income net asset value per share was also overstated.

For the avoidance of doubt, the NAV per ordinary share was accurately stated from 3 August 2019.

The Board is reviewing the circumstances leading to this error. The Financial Conduct Authority will be informed as soon as possible.

The corrected net asset values per ordinary share during this period, at each month end from 31 October 2018 to 28 June 2019 and daily from 1 July 2019, are shown below.

Date	Cum-income net asset value per ordinary share, pence	Ex-income net asset value per ordinary share, pence
31/10/2018	116.19	115.90
30/11/2018	110.06	109.49
31/12/2018	102.35	101.49
31/01/2019	107.55	107.13
28/02/2019	110.04	109.23
31/03/2019	112.06	110.85
30/04/2019	110.99	109.43
31/05/2019	108.90	107.68
28/06/2019	116.24	114.46
01/07/2019	115.32	113.48
02/07/2019	116.41	114.55
03/07/2019	116.86	114.98
04/07/2019	117.09	115.19
05/07/2019	117.60	115.68
08/07/2019	116.88	114.90
09/07/2019	115.44	113.44
10/07/2019	117.01	114.99
11/07/2019	118.42	116.38
12/07/2019	118.70	116.64
15/07/2019	119.33	117.21
16/07/2019	120.85	118.71
17/07/2019	120.63	118.47
18/07/2019	121.08	118.90
19/07/2019	122.96	120.76
22/07/2019	123.87	121.61
23/07/2019	122.75	120.47
24/07/2019	121.97	119.67
25/07/2019	118.37	117.87
26/07/2019	118.82	118.30
29/07/2019	119.25	118.67
30/07/2019	120.00	119.40
31/07/2019	118.19	117.59
01/08/2019	116.93	116.29
02/08/2019	115.89	115.23

For further information please contact:

Craig Cleland

CQS (UK) LLP

020 7201 6900

Martin Cassels

Maitland Administration Services (Scotland) Limited

0131 550 3760

 

END

 

 

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