AVC Abdn.Dev.Cap.

 

TIDMAVC 
 
RNS Number : 9750S 
Aberdeen Development Capital PLC 
20 September 2010 
 
Aberdeen Development Capital PLC ("the Company") 
 
Interim Management Statement - Quarter ended 31 August 2010 
 
This Interim Management Statement for the quarter ended 31 August 2010 is 
provided in accordance with Rule 4.3 of the Disclosure and Transparency Rules of 
the UK Listing Authority and also includes relevant information in respect of 
the period from 1 September 2010 to the date of issue. This Statement has been 
prepared solely to provide additional information in order to meet the relevant 
requirements of the UK Listing Authority's Disclosure and Transparency Rules, 
and should not be relied on by Shareholders, or any other party, for any other 
purpose. 
 
Financial highlights 
 
 Net Asset Value* ("NAV") of 7.6p per Ordinary share at 31 August 2010; when 
compared to the NAV at 31 May 2010 of 7.8p, represents a decrease of 2.6% over 
the three month period. 
 
* The NAV is unaudited. Unlisted companies are valued on a six monthly basis and 
the NAV incorporates the Directors' valuation of unlisted investments as at 31 
May 2010. The Company held no quoted investments as at 31 August 2010. 
 
Investments and disposals 
 
During the quarter ended 31 August 2010, no new or follow-on investments were 
made. No full exits were achieved, however, GBP15,000 was received as part of a 
scheduled repayment of institutional loan stock. 
 
There were no other material transactions during the period under review. 
 
Recent developments 
Between 31 August 2010 and the date of this statement, no new or follow-on 
investments have been made, nor have there been any investment sales. 
 
The Board is proposing a final dividend of 0.5 pence per Ordinary share in 
respect of the year 31 May 2010. Subject to approval at the Annual General 
Meeting being held on 27 October 2010, the dividend will be paid to Ordinary 
shareholders on 29 October 2010. 
 
Other than as described above, the Board is not aware of any material events 
during the period from 1 June 2010 to 31 August 2010, or in the period from 1 
September 2010 to the date of this announcement, which would have had a material 
impact on the financial position of the Company. 
 
Issued on behalf of the Board 
Aberdeen Asset Management PLC, Secretary 
20 September 2010 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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