Net Asset Value(s)

RNS Number : 2118J

Acorn Income Fund Ld

02 August 2012

 



ACORN INCOME FUND LIMITED (the "Company")

NET ASSET VALUE as at 20 July 2012

ORDINARY SHARES

The Company announces that the net asset value of an Ordinary Share as at the above date was 217.20 pence.

ZERO DIVIDEND PREFERENCE SHARES (the "ZDP SHARES")

The Company announces that the net asset value of a ZDP Share as at the above date was 103.73 pence.

The above Net Asset Value has been calculated based on the number of shares in issue as at the above date, being 8,724,790 Ordinary Shares and 12,000,000 ZDP Shares.

Total assets less current liabilities as at the above date were £31.399 million. This amount excludes the liability for the ZDP Shares which mature on 31 January 2017. The portfolio has been valued using bid prices.

Net assets attributable to holders of Ordinary Shares as at the above date were £18.951 million.

TOTAL NUMBER OF VOTING RIGHTS

The ZDP Shares shall not have the right to attend or vote at any general meeting of

the Company unless the business of the meeting includes any resolution to vary, modify or abrogate any of the special rights attached to the ZDP Shares.  Accordingly, the total number of voting rights in the Company is 8,724,790.

For further information contact:

Anson Fund Managers Limited

Secretary

Tel: [phone]

2 August 2012

E&OE - in transmission

END OF ANNOUNCEMENT

 

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