Net Asset Value and Monthly Report

RNS Number : 6404A

Reconstruction Capital II Ltd

02 April 2012

 



2 April 2012

Reconstruction Capital II Limited (the "Company")

Net Asset Value

The Company announces that at close of business on 29 February 2012 its unaudited net asset value ("NAV") per share was €0.9589.

The Company's NAV has fallen by 9.7% since 31 January 2012. This reduction is primarily due to the new annual valuations of the Company's private equity positions based on independent third party valuations. A table showing the changes is included in the Monthly Report for February 2012.

Monthly Report

A monthly report which details the activities of the Company for the month ended 29 February 2012 has been issued by the investment manager and investment advisers of the Company.

Copies of the  report have been emailed to shareholders and will also be available, free of charge from the offices of New Europe Capital Limited, 33 Marloes Road, London W8 6LG, United Kingdom (tel: [phone]), for a period of 30 days from the date of this announcement.

For further information, please contact:

Reconstruction Capital II Limited

Ion Florescu / Anca Moraru

Tel: [phone]

Grant Thornton Corporate Finance (Nominated Adviser)

Philip Secrett / David Hignell

Tel: [phone]

LCF Edmond de Rothschild Securities (Broker)

Hiroshi Funaki

Tel: [phone]

 

END

 

 

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