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Net Asset Value(s)

14th May 2012 10:09

RNS Number : 2624D
Tau Capital PLC
14 May 2012
 

TAU CAPITAL PLC

 

 

NET ASSET VALUE

 

The Board is pleased to advise that, following consultation with the Investment Manager, the estimated Net Asset Value ("NAV") as at close of business on 30 April 2012 is $0.6257 per share.

 

The NAV has been updated to include the result of the agreed sale of Alem Communication Holding announced on 2 May 2012 and the impairment of the holding in Lucent Oil & Gas Ltd announced on 10 May 2012.

 

 

--ENDS--

 

 

 

Further information, please contact:

 

 

IOMA Fund & Investment Management Ltd

Cynthia Edwards

Tel: +44 (0) 1624 681381

Numis Securities Ltd

Nominated Adviser: Nick Westlake / Hugh Jonathan

Corporate Broking: Alex Ham

Tel: +44 (0) 20 7260 1000

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NAVSFUSULFESESI

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