AcenciA Debt Strategies Limited Annual Financial Report (5903L)

TIDMACD

RNS Number : 5903L

AcenciA Debt Strategies Limited

29 April 2015

ACENCIA DEBT STRATEGIES LIMITED

(The "Company")

(Registered in Guernsey - Number 43787)

Registered Office:

Sarnia House, Le Truchot,

St Peter Port, Guernsey, GY1 4NA

Telephone: [phone]

Facsimile: [phone]

 
 For immediate release     29 April 2015 
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Full Year Results for the year ended 31 December 2014

AcenciA Debt Strategies Ltd ("AcenciA" or the "Company"), the closed-ended investment company listed on the London Stock Exchange, which invests in a highly focused portfolio of multi-strategy credit and event-driven funds, with a focus on distressed debt, today announces its audited results for the year ended 31 December 2014.

Highlights

-- Net asset value ("NAV") per share at 31 December 2014 increased by 4.9% to 111.18p and the share price by 8.0% to 104.38p (taking account of dividends paid in both cases)

-- An interim dividend of 1.95p was declared, representing an annualised dividend yield of 3.5% based on the closing share price of the Company of 112.5p on 22 April 2015.

Jim Le Pelley, Chairman of AcenciA, said "I am pleased to announce that 2014 was another good year of positive returns for the Company. The last twelve months have proven to be a difficult period for most investors, so it was pleasing for the Company to realise strong risk-adjusted gains over the year.

These results lay testament to the value of AcenciA's investment strategy of holding a concentrated portfolio which focuses on established investment partnerships with superior fund managers tasked with finding a multitude of event-driven and multi-strategy credit opportunities."

For further information, please contact:

Saltus Partners LLP, Jon Macintosh

+ 44 20 7408 7765

Canaccord Genuity Limited, David Yovichic

[phone]

Kepler Partners LLP, Hugh van Cutsem

[phone]

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