Ecofin Water & Power Opps PLC Net Asset Value(s) (1875G)
August 03 2016 - 10:59AM
UK Regulatory
TIDMECWO
RNS Number : 1875G
Ecofin Water & Power Opps PLC
03 August 2016
ECOFIN WATER & POWER OPPORTUNITIES PLC (the "Company")
The Company announces that at the close of business on 31 July,
2016, the un-audited Net Asset Value per Ordinary Share was:-
Share Class NAV (p) Increase/(Decrease) Absolute Movement
% (p)
(inc undistributed
revenue)
Ordinary Shares 163.94 -0.60 -0.99
All outstanding CULS were redeemed by the Company on 31 July,
2016 and as such there is no diluted NAV calculation. The CULS were
redeemed at their nominal value, together with interest accrued up
to the date of final repayment.
The ZDP Shares matured on 31 July, 2016 with holders entitled to
a repayment of 160.70p per Share.
Fund values (rounded) GBP'000 GBP'000
--------
Total Assets (less cash at bank) 300,737
Cash at Bank 44,573
Total Assets 345,310
Borrowings:
Prime Brokerage 1,218
--------
1,218
Net Assets (Ordinary Shareholders
Funds) 344,092
Net cash (net cash/net assets) * 12.6%
----------------------------------- -------- --------
*Net cash is bank debt, less cash at bank, including brokers net
outstanding balances.
Notes:
The total assets of the Company include approximately GBP5.2m in
bonds. Adjusted for this, the total equity exposure of the Company
is 85.9% of net assets.
The NAV has been prepared on a "break-up" or realisable value
basis following the approval of the Continuation Vote by
Shareholders on 24 June, 2016. Details of the accounting
adjustments and the accrual of liquidation costs are detailed in
the 31 March, 2016 interim accounts announced on 30 June, 2016.
BNP Paribas Secretarial Services Limited
Company Secretary
Tel: 020 7410 5971
03 August, 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
NAVUGUBARUPQGAW
(END) Dow Jones Newswires
August 03, 2016 11:59 ET (15:59 GMT)
Ecofin Water&powr Opportunities (LSE:ECWO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ecofin Water&powr Opportunities (LSE:ECWO)
Historical Stock Chart
From Jul 2023 to Jul 2024