Interim Management Statement

RNS Number : 8156O

Oryx International Growth Fund Ld

12 August 2014

ORYX INTERNATIONAL GROWTH FUND LIMITED

INTERIM MANAGEMENT STATEMENT

FOR THE QUARTER ENDED 30 June 2014

Oryx International Growth Fund Limited ("Oryx" or the "Company"), is publishing this Interim Management Statement in accordance with DTR 4.3 of the FCA Handbook.

This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or for any other purpose.

This interim management statement relates to the period from 1 April 2014 to 30 June 2014, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified.

Manager's Review

During the period under review, the FTSE Small Cap Index fell 2.6% and the FTSE All-Share Index returned 2.2%. Against this, the Company's net asset value decreased by 0.7%, to 537p per share. The Company has benefited from the recent improvement in market conditions resulting in an all-time high net asset value per share at 31 March 2014.

The company's largest unquoted holding, Celsius AG, is considering liquidity options and this may create further value for shareholders in the current financial year.

Material Transactions

There were no material transactions during the quarter ended 30 June 2014.

Material Events

There were no material events during the quarter ended 30 June 2014.

Report and Accounts

On 2 July 2014, the Company released its audited Annual Report and Financial Statements for the year ended 31 March 2014, to Shareholders.

Financial Highlights

	30-Jun-14	31-Mar-14	31-Dec-13	30-Sep-13	30-Jun-13	31-Mar-13	31-Dec-12

NAV	£5.37	£5.41	£4.77	£4.32	£3.85	£3.78	£3.48

US Dollar / Sterling Exchange Rate	1.7099	1.6672	1.6562	1.6194	1.5167	1.5182	1.6254

Twenty Largest Equity Investments at 30 June 2014

DETAILS	% of NET ASSETS
GLEESON (M.J.) GROUP PLC	14.22
GOALS SOCCER CENTRES PLC	8.73
QUARTO GROUP INC	5.57
OMG PLC	5.29
GUINNESS PEAT GROUP PLC	4.85
JOURNEY GROUP PLC	4.72
REDCENTRIC PLC	4.50
CELSIS AG	3.89
BIOQUELL PLC	3.49
TELECITY GROUP PLC	3.37
ACCUMULI PLC	3.29
ASSETCO PLC	3.11
ESSENDEN PLC	2.77
CATALYST MEDIA GROUP PLC	2.25
CYPROTEX PLC	1.89
WALKER CRIPS GROUP PLC	1.80
SOURCE BIOSCIENCE PLC	1.78
MECOM GROUP PLC	1.71
INNOVATION GROUP PLC	1.52
PROACTIS HOLDINGS PLC	1.51
TOTAL	80.26