East Capital Explorer AB - Net Asset Value SEK 84 per share on 31 March 2012
(Thomson Reuters ONE) -
* On 31 March 2012 the net asset value per share in East Capital Explorer
amounted to EUR 9.52 (corresponding to SEK 84[1]). The total net asset value
amounted to EUR 321m (corresponding to SEK 2.8bn)
* The total net asset value (EUR) decreased 0.3 percent compared to 29
February 2012
* The value of cash, cash equivalents and other short term investments per
share amounted to EUR 1.10 (SEK 10), corresponding to an aggregate of EUR
37m (SEK 327m) of which EUR 24m (SEK 212m) were available for future
investments
* During March, East Capital Explorer repurchased additional 17,600 of its own
shares at an average price of SEK 55.65 per share. Since the repurchases
began on 15 September 2011, the company has repurchased 1,141,969 of its own
shares, corresponding to 3.3 percent of the company's outstanding number of
shares, at an average price of SEK 51.69 per share. The repurchase program
lasted until 30 March 2012 and is thus completed
* The closing price per share on 31 March 2012 was SEK 55.75 (corresponding to
EUR 6.31)
Excluding shares held by the company following buy-backs since September 2011,
the number of shares outstanding in East Capital Explorer AB on 31 March 2012
was 33,709,706.
This report has not been subject to review by the company's auditors.
The full net asset value report with the portfolio as of 31 March 2012 is
included in the attached pdf-file.
Contact information:
Mia Jurke, CEO, East Capital Explorer, +46 8 505 885 32
Charlotte Åsberg, Investor Relations Manager, East Capital Explorer,
+46 8 505 885 94
Financial reporting calendar - East Capital Explorer:
* Monthly Net Asset Value report on the fifth working day after the end of
each month
* Annual General Meeting 2012 on 25 April 2012
* Interim Report 1 January - 31 March 2012, 8 May 2012
* Interim Report 1 January - 30 June 2012, 7 August 2012
* Interim Report 1 January - 30 September 2012, 9 November 2012
About East Capital Explorer - East Capital Explorer AB (publ) is a Swedish
company, created with the specific aim of bringing unique investment
opportunities in Eastern Europe to a broader investor base. The company invests
mainly in East Capital's special fund products as well as in direct investments
into private and public companies. East Capital Explorer targets fast growing
sectors such as the power utilities, financial, retail and consumer goods and
real estate sectors. East Capital Explorer has appointed East Capital to manage
its investment activities. East Capital Explorer is listed on NASDAQ OMX Nordic
Stockholm, Mid Cap.
This information is disclosed in accordance with the Securities Markets Act, the
Financial Instruments Trading Act and demands made in the exchange rules. It was
released for publication at 07:00 a.m. CET on 10 April 2012.
--------------------------------------------------------------------------------
[1] 1 EUR = 8.83 SEK on 31 March 2012. Source: Bloomberg
120410 - NAV Report March 2012:
http://hugin.info/143006/R/1600968/505423.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: East Capital Explorer AB via Thomson Reuters ONE
[HUG#1600968]
Unternehmensinformation / Kurzprofil:
Datum: 10.04.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 133094
Anzahl Zeichen: 4002
contact information:
Town:
Stockholm
Kategorie:
Business News
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