24th May 2007 17:06
THE ZERO PREFERENCE GROWTH TRUST PLC
The Company announces that the bid price Net Asset Values, including current period revenue, at 22 May 2007 were:
per Ordinary unit 71.80p per Growth share 6.86p
per Zero Dividend Preference share 64.94p
Gross assets less current liabilities ‚£13.50m
On 16 May 2007, the Company decreased the total amount drawn down under the Bank of Scotland facility by ‚£500,000 to ‚£2,220,000. The Company is currently eligible to draw down a maximum of ‚£4,000,000 under the loan facility.
Fair value of the debt is not materially different from the par value so no additional fair value NAV is required.
ZERO PREFERENCE GROWTH TRUST PLCRelated Shares:
ZPG PLC