HWSI Realisation Fund Ltd Net Asset Value(s) (9721N)

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RNS Number : 9721N

HWSI Realisation Fund Ltd

27 May 2020

HWSI Realisation Fund Limited

(the "Company")

Net Asset Value

NAV

The Company announces that the unaudited cum-income net asset value per Ordinary Share as at 30 April 2020 was 61.57 pence. This represents a positive performance of 0.6% during the month of April.

Investment Update

The board and investment manager continue to monitor the effects of Covid19 on the Company's borrowers. During the month there were no additional forbearance requests, and no change to the Expected Credit Loss provisioning.

The net cash position as at 30 April 2020 was GBP 6.1m.

Subject to no further adverse affects caused by Covid1-19 or other unexpected matters, the board hopes to make a further return of capital by way of an issue of redeemable B shares by the end of the third quarter.

Contact Details:

Hadrian's Wall Capital (Investment Adviser)

Ron Miao / Mike Schozer

Telephone [phone]

International Fund Management (Investment Manager)

Chris Hickling

Telephone: [phone]

Praxis Fund Services Limited (Administrator)

Ben Le Prevost

Telephone: [phone]

Winterflood Investment Trusts (Corporate Broker)

Neil Morgan

Telephone: [phone]

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May 27, 2020 02:00 ET (06:00 GMT)