Crystal Amber Fund Limited Notice of Interim Results and Portfolio Update

RNS Number : 5163E

Crystal Amber Fund Limited

27 February 2024

 

27 February 2024

CRYSTAL AMBER FUND LIMITED

("Crystal Amber Fund" or the "Fund")

 

Notice of Interim Results and Portfolio Update

Crystal Amber Fund announces that its interim results for the six months to 31 December 2023 will be published on 28 March 2024.

Last week, the Fund disposed of 34.7% of its holding of Deferred Consideration Units ("DCUs") in Prax Exploration & Production plc at a 20% premium to carrying value. Combined with the anticipated payment at the end of March from the DCUs, this is expected to increase cash receipts by £5.7 million, equivalent to 7.3p a share. In aggregate, these are expected to increase Net Asset Value by 2.3p a share.

 

 

For further enquiries please contact:

 

Crystal Amber Fund Limited

Chris Waldron (Chairman)

Tel: [phone]

www.crystalamber.com

 

Allenby Capital Limited - Nominated Adviser

Jeremy Porter/ Dan Dearden-Williams

Tel: [phone]

 

Winterflood Investment Trusts - Broker

Joe Winkley/Neil Langford

Tel: [phone]

 

Crystal Amber Advisers (UK) LLP - Investment Adviser

Richard Bernstein

Tel: [phone]

 

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