Net Asset Value Daily Estimate

RNS Number : 6549G

India Capital Growth Fund Limited

09 August 2016

 

9 August 2016

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

Estimated Daily Net Asset Value ("NAV") statement as at 8 August 2016

The Company announces its Net Asset Values per ordinary share as at 8 August 2016 were estimated to be:

(i)         90.23 pence (fully diluted)

(ii)        91.25 pence (undiluted)

The fully diluted NAV assumes the remaining 3,782,264 subscription shares rights will be exercised at their subscription price of 61.00 pence.

The undiluted NAV is based upon 108,719,909 ordinary shares in issue following the allotment of 33,718,446 new ordinary shares on 8 August 2016.

These estimated daily NAVs are provided by the Investment Manager of the Company and is, by its nature, based on incomplete and estimated data. The making of such estimates involves known and unknown risks, uncertainties and other factors which may cause the estimated results, performance or achievements to be different from any actual results, performance or achievements.

 

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