Business
Q1 2010 NAV GBp 30, Net Incom
Q1 2010 NAV GBp 30, Net Incom.
About this update from Livermore Investments Group Limited
[{"type":"text","content":"\n RNS Number : 2733N Livermore Investments Group Limited 09 June 2010 \n \n\nLivermore Investments Group Limited \n(\"Livermore\" or \"the Company\")\n\nQ1 2010 NAV GBp 30, Net Income USD 3.8m \n \n \nThe Board of Livermore announces that, as at the close of business on 31 March 2010, the Company's unaudited estimated NAV per ordinary share of no par value was GBp 30 (US 46 cents) up from GBp 27 (US 44 cents) on 31.12.2009. The Company generated a net income of USD 3.8m during the first quarter. The share price at 31 March 2010 was GBp 17 (31 December 2009: GBp 16.5).\nThe Company has a 21.71% interest in Atlas Estates Limited (\"Atlas\"), a Company quoted on AIM. The foregoing NAV figures include Atlas at its market price as at 31 March 2010 of GBp 83.25. On 14 April 2010, Fragliolig Limited announced a cash offer to acquire all shares of Atlas Estates at GBp 90 per share. The offer has since then been declared unconditional.\nThe Net Asset Value figures stated in this announcement are unaudited estimates only. Accordingly, no reliance should be placed on such estimated Net Asset Values and they should only be taken as an indicative guide.\n \nFor further information:\n\nLivermore Investments Group Ltd\n+41 43 344 3200\nRon Baron\n\nMatrix Corporate Capital LLP\n+44 20 3206 7000\nStephen Mischler \nTim Graham\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END NAVEASKPEESEEFF \n ","length":2431,"tagName":"div"}]