East Capital Explorer AB - Net Asset Value SEK 83 per share on 31 October 2011
(Thomson Reuters ONE) -
* On 31 October 2011 the net asset value per share in East Capital Explorer
amounted to EUR 9.20 (corresponding to SEK 83[1]). The total net asset value
amounted to EUR 317m (corresponding to SEK 2.9bn)
* The total net asset value (EUR) was unchanged compared to 30 September 2011
* The value of cash, cash equivalents and other short term investments per
share amounted to EUR 1.27 (SEK 11), corresponding to an aggregate of EUR
44m (SEK 394m). EUR 40m (SEK 360m) of those were available for future
investments
* During the period 15 September until 12 October, East Capital Explorer
repurchased 402,350 of its own shares at an average price of SEK 53.06 per
share, which corresponded to 1.2 percent of the company's outstanding number
of shares
* The closing price per share on 31 October 2011 was SEK 52.50 (corresponding
to EUR 5.83)
Excluding shares held by the company following buy-backs in September and
October, the number of shares outstanding in East Capital Explorer AB on 31
October 2011 was 34,449,325.
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 October is included
in the attached pdf-file.
Contact information:
Mia Jurke, CEO East Capital Explorer +46 8 505 885 32
Mathias Pedersen, CFO East Capital Explorer +46 8 505 977 48
Financial reporting calendar - East Capital Explorer:
* Monthly Net Asset Value report on the fifth working day after the end of
each month
* Interim Report, 1 January - 30 September 2011 on 11 November 2011
* Year-end Report 2011, 15 February 2012
* Annual Report 2011 available in April 2012
* Annual General Meeting 2012 on 25 April 2012
About East Capital Explorer - East Capital Explorer AB 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. Since 9 November 2007, East Capital Explorer is listed on
NASDAQ OMX 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 November 2011.
--------------------------------------------------------------------------------
[1] 1 EUR = 9.01 SEK on 31 October 2011. Source: Bloomberg
111107 - NAV Report October 2011:
http://hugin.info/143006/R/1561241/483120.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#1561241]
Unternehmensinformation / Kurzprofil:
Datum: 07.11.2011 - 07:01 Uhr
Sprache: Deutsch
News-ID 84343
Anzahl Zeichen: 3781
contact information:
Town:
Stockholm
Kategorie:
Business News
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