Advance Developing Markets Fund Ltd Net Asset Value(s) (5366U)

TIDMADMF

RNS Number : 5366U

Advance Developing Markets Fund Ltd

07 April 2016

Advance Developing Markets Fund Limited announces that as at the close of business on 06 April 2016 its unaudited Net Asset Value (NAV) was:

 
  Net assets     NAV per 
  (millions)     ordinary 
                  share 
   GBP247.3      476.28p 
 

Notes:

The NAV per ordinary share figure is based on 51,926,229 ordinary shares (excluding shares held in treasury) in issue on the above date.

Quoted investments in the Company's portfolio have been valued on a bid price basis in the above calculations. Investments in open-ended funds have been valued using their latest available net asset values.

The above Net Assets and NAV figures include current financial year revenue items.

No adjustment for dilution to the above NAV has been made in respect of any shares held in treasury.

Enquiries:

Aberdeen Emerging Capital Limited (Investment Manager to Advance Developing Markets Fund Limited)

   Andrew Lister / Bernard Moody           Tel: [phone] 

Cavendish Administration Limited (UK Administration Agent)

   Anthony Lee     Tel: [phone] 

Ordinary Shares - Listing Category: Premium - Equity Closed-ended Investment Funds

This information is provided by RNS

The company news service from the London Stock Exchange

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April 07, 2016 09:04 ET (13:04 GMT)