Net Asset Value(s) (Replaceme

RNS Number : 6245E

Advance Developing Markets Fund Ltd

23 December 2009

 



The 'Net Asset Value(s)' announcement for Advance Developing Markets Fund Limited released on 21/12/09 at 15.04 under RNS No 4932E has been re-released to facilitate onward transmission by third party vendors.

 

The announcement is unchanged and is reproduced in full below.

Advance Developing Markets Fund Limited announces that its unaudited Net Asset Value (NAV) as at the close of business on 18 December 2009 was as follows:   Net Assets (millions) NAV per ordinary share       Undiluted    £296.6 449.84p Diluted    £332.1 425.07p 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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