Daily reporting of estimate Net Asset Value(s)

RNS Number : 0425W

India Capital Growth Fund Limited

22 April 2016

 

22 April 2016

India Capital Growth Fund Limited (the "Company" or "ICGF")

Daily reporting of estimate Net Asset Value

The Board has resolved to increase the frequency of NAV reporting from weekly to daily with effect from Monday 9 May 2016. The Board believes daily NAV reporting will provide more timely information to the market of the value of the assets held by the Company.

The Company will continue to provide monthly NAVs prepared by the Administrators to the Company and the daily NAVs will be an estimate prepared by the Investment Manager to the Company.

Enquiries:

Ocean Dial Asset Management Limited (Investment Manager)

Robin Sellers                 

David Cornell

Tel: [phone]

Grant Thornton UK LLP (NOMAD)

Philip Secrett

Jen Clarke

Tel: [phone]

Numis Securities Limited (Broker)

Nathan Brown                

Hugh Jonathan

Tel: [phone]

APEX Fund Services (Guernsey) Limited (Administrator)

Stephen Cuddihee         

Tel: [phone]

 

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