Volta Finance Limited : Net Asset Value(s)
(Thomson Reuters ONE) -
Volta Finance Limited (VTA) - June 2017 Early Estimated NAV
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO
THE UNITED STATES
******
10 July 2017
According to our early computations, the end of May Early Estimated NAV(*) of
Volta is at ?8.37 per share. Taking into account the 16 cents per share dividend
paid in June, Volta's Early Estimated NAV(*) performance is +0.1% for June 2017.
The Early Estimated NAV(*) is published for information purposes only; the
official Estimated NAV will be disclosed in the Monthly Report of Volta which
will be published in the course of the month, on or around 17 July 2017.
(*) Please note that this Early Estimated NAV has been computed on the basis of
fair values for the portion of the portfolio for which end of months prices were
available or were able to be collected as of 7 July 2017 and on the basis of
estimated prices for the rest of the portfolio. Such estimated prices have been
estimated based on market observations as of the end of June 2017. The Early
Estimated NAV is therefore not an accurate or reliable reflection of the value
of the assets of Volta as of the end of June 2017 and can significantly differ
(upwards or downwards) from the published Estimated NAV that will be disclosed
in the next Monthly Report of Volta and that will be subject to the limitations
set forth therein.
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CONTACTS
For the Investment Manager
AXA Investment Managers Paris
Serge Demay
Serge.demay(at)axa-im.com
+33 (0) 1 44 45 84 47
Company Secretary and Portfolio Administrator
Sanne Group (Guernsey) Limited
voltafinance(at)sannegroup.com
+44 (0) 1481 739810
Corporate Broker
Cenkos Securities plc
Alan Ray
Oliver Packard
Sapna Shah
+44 (0) 20 7397 1916
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ABOUT VOLTA FINANCE LIMITED
Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey)
Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock
Exchange's Main Market for listed securities. Volta's home member state for the
purposes of the EU Transparency Directive is the Netherlands. As such, Volta is
subject to regulation and supervision by the AFM, being the regulator for
financial markets in the Netherlands.
Volta's investment objectives are to preserve capital across the credit cycle
and to provide a stable stream of income to its shareholders through dividends.
Volta seeks to attain its investment objectives predominantly through
diversified investments in structured finance assets. The assets that the
Company may invest in either directly or indirectly include, but are not limited
to: corporate credits; sovereign and quasi-sovereign debt; residential mortgage
loans; and, automobile loans. The Company's approach to investment is through
vehicles and arrangements that essentially provide leveraged exposure to
portfolios of such underlying assets. The Company has appointed AXA Investment
Managers Paris (an investment management company with a division specialised in
structured credit) for the investment management of all its assets.
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ABOUT AXA INVESTMENT MANAGERS
AXA Investment Managers is a multi-expert asset management company within the
AXA Group, a global leader in financial protection and wealth management. AXA
Investment Managers is one of the largest European-based asset managers with
?679 billion in assets under management as of the end of June 2016. AXA
Investment Managers employs approximately 2,399 people around the world.
*****
This press release is distributed and published by AXA Investment Managers Paris
("AXA IM"), in its capacity as alternative investment fund manager (within the
meaning of Directive 2011/61/EU, the "AIFM Directive") of Volta Finance Limited
(the "Volta Finance") whose portfolio is managed by AXA IM.
This press release is for information only and does not constitute an invitation
or inducement to acquire shares in Volta Finance. Its circulation may be
prohibited in certain jurisdictions and no recipient may circulate copies of
this document in breach of such limitations or restrictions. This document is
not an offer for sale of the securities referred to herein in the United States
or to persons who are "U.S. persons" for purposes of Regulation S under the U.S.
Securities Act of 1933, as amended (the "Securities Act"), or otherwise in
circumstances where such offer would be restricted by applicable law. Such
securities may not be sold in the United States absent registration or an
exemption from registration from the Securities Act. Volta Finance does not
intend to register any portion of the offer of such securities in the United
States or to conduct a public offering of such securities in the United States.
*****
This communication is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (iii) high net worth
companies, and other persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons together being
referred to as "relevant persons"). The securities referred to herein are only
available to, and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such securities will be engaged in only with, relevant
persons. Any person who is not a relevant person should not act or rely on this
document or any of its contents. Past performance cannot be relied on as a guide
to future performance.
*****
All investments are subject to risk. The figures provided that relate to past
months or years and past performance cannot be relied on as a guide to future
performance or construed as a reliable indicator as to future performance. Any
estimation of the value of an investment is not a reliable information and can
differ from the value at which such investment can be traded or liquidated. The
value of investments may fluctuate.
The valuation of financial assets can vary significantly from the prices that
AXA IM could obtain if it sought to liquidate the positions on behalf of Volta
Finance due to market conditions and general economic environment. Such
valuations do not constitute a fairness or similar opinion and should not be
regarded as such. AXA IM does not accept liability for actions taken on the
basis of the information provided.
Volta Finance intends to release regular Early Estimated NAV updated around 8
calendar days after each month end, while continuing to publish its monthly
report later in the course of each relevant month. There is however no guarantee
that Volta Finance will be able to provide every month with an Early Estimated
NAV. In certain markets conditions, the provision of an Early Estimated NAV can
be delayed or not happen at all.
Editor: AXA INVESTMENT MANAGERS PARIS, a company incorporated under the laws of
France, having its registered office located at Tour Majunga, 6, Place de la
Pyramide - 92800 Puteaux. AXA IMP is authorized by the Autorité des Marchés
Financiers under registration number GP92008 as an alternative investment fund
manager within the meaning of the AIFM Directive.
*****
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Volta Finance Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 10.07.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 551560
Anzahl Zeichen: 8690
contact information:
Town:
St Peter Port
Kategorie:
Business News
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