Net Asset Value(s)

RNS Number : 9987E

Advance Developing Markets Fund Ltd

04 January 2010

 



Advance Developing Markets Fund Limited announces that its unaudited Net Asset Value (NAV) as at the close of business on 31 December 2009 was as follows:   Net Assets         (millions) NAV per ordinary share       Undiluted   £307.9 466.88p Diluted   £343.3 439.46p Notes: The above NAV figures are based on 65,940,237 ordinary shares  and 12,180,757  subscription shares in issue.  Investments in the Company's portfolio have been valued on a bid price basis in the above calculations. The above NAV figures include current financial year revenue items. Diluted net assets and NAV assume full conversion of all outstanding subscription shares to ordinary shares at the subscription price of 291.0p per share.

 

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