Net Asset Value Update
23 Aprile 2008 - 9:01AM
UK Regulatory
RNS Number:9007S
SovGEM Limited
23 April 2008
Press Release 23 April 2008
SovGEM Limited
("SovGEM" or "the Company")
Net Asset Value Update and Investor Presentation
SovGEM (AIM:SOV.L), the emerging market finance house, announces that the
Directors' best estimate of NAV as of close of business on 21 April 2008 is
27.4p per ordinary share.
The Company will today hold an investor presentation meeting. Copies of the
presentation can be found at the Company's website www.sovgem.com
- ENDS -
For further information:
SovGEM Limited
Hugh de Lusignan, Chief Executive Officer Tel: +44 (0) 20 7389 0655
hdelusignan@sovereigngroup.com
NOMAD & Broker
Landsbanki
Tom Hulme / Sebastian Jones Tel: +44 (0) 20 7426 9000
tom.hulme@landsbanki.com
Media enquiries:
Abchurch Communications
Charlie Jack/Monique Tsang Tel: +44 (0) 20 7398 7706
monique.tsang@abchurch-group.com www.abchurch-group.com
Notes to Editors
SovGEM Limited is an emerging market finance house incorporated in Jersey. Its
geographic investment focus includes China and other emerging markets. SovGEM
joined AIM in November 2004 (AIM: SOV). Since joining AIM (23 November 2004) its
Net Asset Value has increased from 12.6p to 27.4p (as of 21 April 2008).
The Company invests in high-growth companies, virtually all of which are also
already profitable. SovGEM has an extensive network of professional advisors and
associates giving the Company access to the small cap Chinese and other emerging
markets. The Company aims to realise profits by investing in these companies as
they undertake a major step change either through listing, evolving to a more
senior financial market or undertaking an attractive rights issue. These
investments may comprise straight equity or debt instruments with an equity
conversion scheme.
Further information can be found at www.sovgem.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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