ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

AOF Africa Opportunity Fund Limited

0.65
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Africa Opportunity Fund Limited LSE:AOF London Ordinary Share KYG012921535 ORD USD0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.65 0.60 0.70 0.705 0.6425 0.6425 0.00 08:00:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -1.5M -2.41M -0.1192 -5.45 13.14M

Africa Opportunity Fund Limited Net Asset Value (8642J)

07/12/2018 2:47pm

UK Regulatory


Africa Opportunity (LSE:AOF)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Africa Opportunity Charts.

TIDMAOF

RNS Number : 8642J

Africa Opportunity Fund Limited

07 December 2018

7 December 2018

Africa Opportunity Fund Limited (the "Company")

Monthly Estimate

Net Asset Value - Ordinary Shares

Africa Opportunity Fund Limited (SFS: AOF) announces that as at close of business on 30 November 2018, its estimated net asset value per ordinary share was US$0.700. The decline from $0.782 on 23 November to US$0.700 is due to a change in the valuation criteria for the investments of AOF listed on the Zimbabwe Stock Exchange. In the absence of that change, AOF's net asset value on 30 November 2018 would have been $0.780. The AOF board took note of rising economic uncertainties, and signs of sovereign stress, in Zimbabwe, especially since October 2018, manifest, for example, in lengthening queues for the foreign exchange remittances, and a heightened volatility in share prices. It decided to apply a transparent discount factor to the market values of its listed Zimbabwean holdings, otherwise known as the Old Mutual Implied Rate. That rate is the ratio of 1 ordinary share of Old Mutual listed on the Zimbabwe Stock Exchange to the US Dollar price of 1 ordinary share of Old Mutual listed on the London Stock Exchange on the same day.

For further information please contact:

 
 Africa Opportunity Fund Limited 
 Francis Daniels                   Tel: +2711 684 1528 
 
 Liberum (Corporate Broker) 
 Gillian Martin 
 Christopher Britton               Tel: +44 20 3100 2000 
 

Corporate / Company Communications

Should shareholders have any queries concerning the activities of the Company, these should be directed to Gillian Martin or Owen Matthews at Liberum Capital Limited (the Company's Corporate Broker) at the number listed above.

For more information about AOF, see www.africaopportunityfund.com

Prior to its release, this announcement contained inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NAVZDLFBVLFZFBZ

(END) Dow Jones Newswires

December 07, 2018 09:47 ET (14:47 GMT)

1 Year Africa Opportunity Chart

1 Year Africa Opportunity Chart

1 Month Africa Opportunity Chart

1 Month Africa Opportunity Chart

Your Recent History

Delayed Upgrade Clock