Terra Capital PLC Net Asset Value(s) (7683U)

TIDMTCA

RNS Number : 7683U

Terra Capital PLC

16 July 2018

Legal Entity Identifier: 2138006S6U2X7L4R8V74

16 July 2018

Terra Capital Plc ('Terra' or 'the Fund')

30 June 2018- NAV Update

Terra Capital Plc, an AIM quoted investment company focussed on investing in value opportunities globally, primarily in frontier markets, announces that the estimated net asset value ('NAV') per share on 30 June 2018 was US$1.109. This represents a decrease in NAV of 3.90% over the prior month.

The Company is now operating as a realisation company. The calculation of the net asset value includes an estimate of liquidation costs and a provision for fees and expenses expected to be incurred in realising the assets. As at 30 June 2018 these provisions amounted to 1.90% of NAV.

The NAV per share figure as at 30 June 2018 is unaudited. The last quoted price per share on the London Stock Exchange as of July 13, 2018 is US$1.070.

**ENDS**

For more information, please visit www.terracapitalplc.com or contact:

Galileo Fund Services Limited (Administrator)

Frazer Pickering

[phone]

Panmure Gordon (UK) Limited (Nominated adviser and corporate broker)

Paul Fincham or Jonathan Becher

[phone]

Terra Capital plc.

Ian Dungate, Director

[phone]

NOTES:

Terra Capital plc is an AIM quoted investment trust focussed on generating high absolute returns while attempting to keep volatility to a minimum. The Fund predominantly invests in under-researched and under-valued companies listed on Frontier Market stock exchanges. The Fund Manager targets for investment companies that it believes are trading for less than their intrinsic worth and so, aside from any potential growth prospects, provide scope for capital appreciation as a result of a reversion towards their underlying value. Investments are also made in companies which are viewed as trading at fair value but which offer opportunities for growth at a reasonable price. The Investment Manager believes many such 'value' opportunities can be found in Frontier Markets due to inherent market inefficiencies in such markets. The Manager utilises in-house teams of its own analysts, resident on the ground in areas of interest to investigate suitable opportunities rather than rely on third party research.

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 [e-mail] or visit www.rns.com.

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July 16, 2018 07:53 ET (11:53 GMT)