Net Asset Value(s)

 

TIDMCDO 
 
RNS Number : 9363N 
Carador PLC 
21 June 2010 
 

RNS Announcement 
 
 
Carador plc 
21 June 2010 
 
Net Asset Value 
 
As at the close of business on 28 May 2010, the unaudited net asset values per 
Share were as follows: 
 
+------------+------------------+-------------+ 
| Share      |       NAV        | Monthly     | 
| class      |                  | performance | 
+------------+------------------+-------------+ 
| EUR Shares | EUR 0.4704       | (1.46)%     | 
|            |                  |             | 
+------------+------------------+-------------+ 
| USD Shares | USD 0.5947       | (2.06)%     | 
+------------+------------------+-------------+ 
 
The Company, during the second quarter to the end of May, received EUR2,581,185 
worth of cash flow from its investments in subordinated securities of which an 
estimated EUR1,959,658(1) has been allocated to Income. The Company has accrued, 
in the same period, an estimated EUR246,888 in income from debt securities and 
cash investments. Expenses during the period were 239,742 EUR. As a result, the 
estimated Net Income available for distributions during the quarter is, as at 28 
May 2010, EUR1,966,803 or EUR 0.01381 per Share(2) 
The Company took advantage of the market volatility in May to purchase five new 
mezzanine investments. As a result, as at 28 May, the Company was effectively 
fully invested. 
 
 
This announcement is not for distribution in or into the US or to any US person 
(as defined in Regulation S under the US Securities Act of 1933, as amended) 
(the "Securities Act"). This announcement is not an offer of securities for sale 
in the United States or elsewhere. The Shares of the Company have not been and 
will not be registered under the Securities Act and may not be offered or sold 
in the United States unless registered under the Securities Act or pursuant to 
an exemption from such registration. The Company has not been and will not be 
registered under the US Investment Company Act of 1940, as amended (the 
"Investment Company Act"). There has been and will be no public offering of the 
Shares in the United States. 
=----------------------------------------------------------------------- 
(1) As determined in accordance with the Company's Pricing Policy. 
(2) As calculated by the Company's Administrator in accordance with the 
provisions of the Company's Prospectus and Pricing Policy. 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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