Net Asset Value(s) (1150X)

TIDMIAEM TIDMIAEC

RNS Number : 1150X

Impax Asian Environmental Mkts Plc

30 November 2010

Impax Asian Environmental Markets plc announces that as at the close of business on 29 November 2010 its unaudited net asset value ("NAV") per ordinary share ("Share") was as follows:

 
 Undiluted NAV per Share (including current financial   128.59p 
  year revenue items) 
 Undiluted NAV per Share (excluding current financial   128.11p 
  year revenue items) 
 Diluted NAV per Share (including current financial     124.19p 
  year revenue items) 
 Diluted NAV per Share (excluding current financial     123.78p 
  year revenue items) 
 
 

The unaudited NAV per C Share as at 26 November 2010 was 97.84p, and as at that date approximately 78% of the assets attributable to the C Shares were invested in a portfolio of securities consistent with the Company's investment policy.*

Investments in the Company's portfolios have been valued on a bid price basis.

Diluted NAV per Share assumes full conversion of all outstanding subscription shares in issue to Shares at the subscription price of 100.0p per Share.

* As described in the prospectus dated 1 October 2010, the net proceeds of the C Share issue and the investments made with those net proceeds will be accounted for and managed as a separate pool of assets until the date on which at least 80 per cent. of the net proceeds have been invested or committed to be invested (or, if earlier, 28 February 2011).

Enquiries:

 
 Anthony Lee                 020 7490 4355 
 Cavendish Administration 
  Limited 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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