AOT Anglo & Oseas

 
TIDMAOT 
 
Anglo & Overseas Plc 
 
Interim Management Statement for the three months to 31 October 2009 
 
The Board of Anglo & Overseas Plc (the "Company') announces its Interim 
Management Statement as required by the UK Listing Authority's Disclosure and 
Transparency Rules. This Statement is in respect of the period from 1 August 
2009 to 31 October 2009. 
 
Objective 
 
The objective of the Company is to provide shareholders with above average 
returns over the longer term through both capital appreciation and income 
growth. 
 
Review of the Period 
 
Results 
 
There was a positive return from equity markets in the quarter. The net asset 
value total return for the Company in the three month period to 31 October 2009 
was 11.7%. This compared positively to a total return from the FTSE All-Share 
Index of 10.7% and the FTSE All-World ex UK Index of 7.2%. The average total 
return from these two indices was 8.9%. 
 
Share Price and Discount 
 
In the three month period to 31 October 2009 the share price increased by 5.0% 
from 89.75p to 94.25p. The share price discount to net asset value (including 
income) widened from 7.3% at the end of July to 11.3% at the end of October 
2009. 
 
Your Board continues to operate an active share buy back policy. During the 
three month period the Company repurchased and cancelled 1,177,249 Shares and 
repurchased into treasury 420,000 shares. The total cost of these repurchases 
was GBP1,536,000. In addition 130,000 shares were cancelled from treasury. 
 
The total number of shares held in treasury as at 31 October 2009 totalled 
8,747,438 shares. The total number of shares in circulation at 31 October 2009 
was 74,527,881 shares, with the total number of shares in issue, including 
treasury shares, being 83,275,319 shares. 
 
Since 1 November 2009 the Company has repurchased into treasury 545,000 shares. 
As at 26 November 2009 the total number of shares held in treasury totalled 
9,292,438 shares, the total number of shares in circulation was 73,982,881 
shares, with the total number of shares in issue, including treasury shares, 
being 83,275,319 shares. 
 
Dividend 
 
At the Annual General Meeting of the Company held on 27 November 2009 
shareholders approved a final dividend of 2.08p for the year to 31 July 2009. 
This will be paid on 4 December 2009 to shareholders on the register as at the 
close of business on 30 October 2009. The ex-dividend date was 28 October 2009. 
 
Investment Outlook 
 
Global equity markets have remained buoyant as evidence continues to accumulate 
that there has been a modest recovery in economic activity.  We remain 
concerned that growth will continue to be sluggish as a result of the weakened 
state of public and private finances in most of the major developed economies. 
Nevertheless, equity valuations continue to offer good value in well managed 
companies with good growth prospects and we anticipate that the portfolio will 
remain relatively fully invested. 
 
FINANCIAL SUMMARY 
 
                           31 October 2009     31 July 2009      % Change 
 
Net asset value per share  106.20p             96.80p            9.7% 
(including income) 
 
Share price                94.25p              89.75p            5.0% 
 
Share price discount to    11.3%               7.3% 
net asset value 
 
Net assets                 GBP79.1m              GBP73.7m 
 
Significant events or transactions 
 
Other than as detailed above the Directors are not aware of any significant 
events or transactions which have occurred between 1 November 2009 and the date 
of publication of this Interim Management Statement which would have had a 
material impact on the financial position of the Company. 
 
27 November 2009 
 
Enquiries: 
 
Graham Campbell 
 
Sandy Nairn 
 
Kenneth Greig 
 
Edinburgh Partners Limited 
 
12 Charlotte Square 
 
Edinburgh EH2 4DJ 
 
Tel: 0131 270 3800 
 
Registered Office of the Company: 
 
Beaufort House 
 
51 New North Road 
 
Exeter EX4 4EP 
 
 
 
END 
 

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