NAV Update
March 19 2009 - 3:40AM
UK Regulatory
TIDMLIV
RNS Number : 1212P
Livermore Investments Group Limited
19 March 2009
Livermore Investments Group Limited ("Livermore" or "the Company")
NAV
46 Pence, debt reduced further to USD 10.7m
The Board of Livermore announces that, as at the close of business on 27
February 2009, the Company's unaudited estimated NAV per ordinary share of no
par value was 46 pence (31 January 2009: 47 pence).
The Company has a 21.71% interest in Atlas Estates Limited ("Atlas"), a Company
quoted on AIM. The foregoing NAV figures include Atlas' reported NAV as at 31
December 2008. If, instead, the market value of the Company's investment in
Atlas is used, the resultant unaudited estimated NAV per ordinary share as at 27
February 2009 was 36 pence (31 January 2009: 37 pence). Atlas' share price as at
27 February 2009 was 43.5 pence (31 January 2009 76.5 pence).
The Net Asset Value figures stated in this announcement are unaudited estimates
only. Accordingly, no reliance should be placed on such estimated Net Asset
Values and they should only be taken as an indicative guide.
The Company also announces that, as at 28 February 2009, it had total debt of
USD 10.7m (31 January 2009, USD 11.6m). In addition, its Swiss real estate SPV,
which has assets valued at 30 June 2008 of some CHF 113m, has a fully drawn debt
facility of CHF 79m maturing in 2014.
For further information:
Livermore Investments Group Ltd
+97 25 4255
5900
Doron Yassur
Matrix Corporate Capital LLP
+44 20 3206 7000
Stephen Mischler
Tim Graham
This information is provided by RNS
The company news service from the London Stock Exchange
END
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