East Capital Explorer AB - Net Asset Value SEK 81 per share on 31 January 2012
(Thomson Reuters ONE) -
* On 31 January 2011 the net asset value per share in East Capital Explorer
amounted to EUR 9.14 (corresponding to SEK 81[i]). The total net asset value
amounted to EUR 308m (corresponding to SEK 2.7bn)
* The total net asset value (EUR) increased 5.1 percent compared to 31
December 2011
* The value of cash, cash equivalents and other short term investments per
share amounted to EUR 1.14 (SEK 10), corresponding to an aggregate of EUR
38m (SEK 342m) of which EUR 23m (SEK 205m) were available for future
investments
* During January, East Capital Explorer repurchased additional 42,815 of its
own shares at an average price of SEK 53.62 per share. Since the repurchases
began on 15 September 2011, the company has repurchased 1,124,369 of its own
shares, corresponding to 3.3 percent of the company's outstanding number of
shares, at an average price of SEK 51.62 per share
* As announced on 1 February, at the end of January East Capital Explorer
decided to invest EUR 10m into the new East Capital Baltic Property Fund II
* The closing price per share on 31 January 2011 was SEK 54.00 (corresponding
to EUR 6.07)
Excluding shares held by the company following buy-backs since September 2011,
the number of shares outstanding in East Capital Explorer AB on 31 January 2012
was 33,727,306.
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 January 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
* Year-end Report 2011, 15 February 2012
* Annual Report 2011 available in April 2012
* Annual General Meeting 2011 on 25 April 2012
* Interim Report 1 January - 31 March 2012, 8 May 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 alternative investment funds 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 7 February 2012.
[i] 1 EUR = 8.90 SEK on 31 January 2012. Source: Bloomberg
120207 - NAV Report January 2012:
http://hugin.info/143006/R/1583151/494842.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#1583151]
Unternehmensinformation / Kurzprofil:
Datum: 07.02.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 111569
Anzahl Zeichen: 4016
contact information:
Town:
Stockholm
Kategorie:
Business News
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