Net Asset Value Weekly Estimate

RNS Number : 5096V

India Capital Growth Fund Limited

18 April 2016

 

18 April 2016

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

Estimated Weekly Net Asset Value ("NAV") statement as at 13 April 2016

Net Asset Value

The Company announces its Net Asset Values per ordinary share as at 13 April 2016 were estimated to be:

(i)         73.49 pence (fully diluted)

(ii)        79.74 pence (undiluted)

The fully diluted NAV assumes that the 37,500,710 subscription shares rights will be exercised at their subscription price of 61.00 pence.

These estimated weekly 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.

Please note that no NAVs were calculated on Thursday 14 and Friday 15 April on account of the bank holidays in India.

 

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