Bli medlem
Bli medlem

Du är här


Vostok Emerging Finance Net Asset value, Jan 31, 2017:

merging Finance Net Asset value, Jan 31, 2017:

Stockholm, 2017-02-02 08:00 CET (GLOBE NEWSWIRE) --

NAV end of period

Per Share: SEK 1.98 / USD 0.22

Total value: SEK 1,309.2 mln / USD 148.5 mln

@ USD/SEK 8.8149

Movement in NAV over the period

SEK NAV per share -0.2% MoM and -0.2% since last published quarterly NAV (Dec

USD NAV per share +2.8% MoM and +2.8% since last published quarterly NAV (Dec

The uplift in REVO and Sordata’s valuations (driven by the new funding round)
were offset by a lower TCS share price in the month and a strengthening SEK vs

VEF share price premium / discount to NAV

As at Jan 31, 2017 VEF share price (VEMF SDB) traded at a 12.1% discount to
reported NAV. The adjusted discount to NAV, stripping out portfolio cash and
liquid assets at book value is 16.6%.

Summary NAV composition

Top 3 equity holdings, Jan 31, 2017 (Share of Total NAV):

- TCS Group Holding 42.9%

- REVO/Sorsdata 9.5%

- Jumo 8.6%

Net cash and liquid investments amounted to USD 43.6 mln (29.3% of total NAV)
as at end of period.

The number of outstanding shares as of January 31, 2017 was 661.5 mln.

This report has not been subject to review by the company's auditors.

Key figures included in this NAV report are categorized as Alternative
Performance Measures (APMs) which are financial measures not defined or
specified in the applicable financial reporting framework IFRS. As such, these
measurements have limitations and should not be used as a substitute for
measures of performance in accordance with IFRS.

For further information please contact:
Björn von Sivers, Investor Relations, Tel +46 (0)8 545 015 50

Vostok Emerging Finance is an investment company with the goal of investing in
early stage modern financial services companies across emerging and frontier
markets. VEF trades in Sweden on Nasdaq First North under the ticker VEMF SDB.

Vostok Emerging Finance’s Certified Adviser on Nasdaq First North is Pareto
Securities AB.

This information is information that Vostok Emerging Finance Ltd is required to
make public pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person set out
above, at 08.00 CET on February 2, 2017.

Författare SSE

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.