Oryx International Growth Fund Ld Interim Management Statement (1320A)

TIDMOIG

RNS Number : 1320A

Oryx International Growth Fund Ld

14 February 2014

ORYX INTERNATIONAL GROWTH FUND LIMITED

INTERIM MANAGEMENT STATEMENT

FOR THE QUARTER ENDED 31 DECEMBER 2013

Oryx International Growth Fund Limited ("Oryx" or the "Company"), is publishing this Interim Management Statement in accordance with DTR 4.3 of the FCA Handbook.

This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or for any other purpose.

This interim management statement relates to the period from 1 October 2013 to 31 December 2013, and contains information that covers this period, and up to the date of publication of this interim management statement, unless otherwise specified.

Manager's Review

During the period under review, the FTSE Small Cap Index returned 5.07% and the FTSE All-Share Index returned 4.77%. Against this, the Company's net asset value rose by 10.05%, 43p per share. The Company has benefited from the recent improvement in market conditions and we are pleased to report that the net asset value per share has reached an all-time high.

As reported previously, a number of the companies in the Unquoted portfolio are in the process of corporate activity.

Material Transactions

During the quarter ended 31 December 2013, the Company purchased 1,176,744 shares for the purposes of cancellation.

Material Events

There were no material events during the quarter ended 31 December 2013.

Report and Accounts

On 25 November 2013, the Company released its Half-year Report and Condensed Consolidated Financial Statements for the six months ended 30 September 2013, to Shareholders.

Financial Highlights

 
              31-Dec-13   30-Sep-13   30-Jun-13   31-Mar-13   31-Dec-12   30-Sep-12   30-Jun-12 
 NAV          GBP4.77     GBP4.32     GBP3.85     GBP3.78     GBP3.48     GBP3.22     GBP2.93 
 US Dollar 
  / 
  Sterling 
  Exchange 
  Rate        1.6562      1.6194      1.5167      1.5182      1.6254      1.6148      1.5685

Twenty Largest Equity Investments at 31 December 2013

 
 DETAILS                      % NET ASSETS 
 GLEESON (M.J.) GROUP PLC     13.60 
 GOALS SOCCER CENTRES PLC     7.86 
 REDCENTRIC PLC               6.61 
 QUARTO GROUP INC             6.08 
 GUINNESS PEAT GROUP PLC      5.48 
 BIOQUELL PLC                 5.17 
 JOURNEY GROUP PLC            5.02 
 CELSIS AG                    4.45 
 ACCUMULI PLC                 4.40 
 MECOM GROUP PLC              4.28 
 ASSETCO PLC                  3.84 
 CATALYST MEDIA GROUP PLC     3.39 
 CVS GROUP PLC                2.79 
 SINAV LIMTED                 2.59 
 OMG PLC                      2.54 
 CYPROTEX PLC                 2.28 
 TELECITY GROUP PLC           1.96 
 WALKER CRIPS GROUP PLC       1.94 
 TEAM ROCK PREF GBP SHARES    1.49 
 AUGEAN PLC                   1.14 
---------------------------  ------------- 
 TOTAL                        86.91 
---------------------------  -------------

The financial information for the quarter ended 31 December 2013 contained within this Interim Management Statement has not been audited.

By order of the Board

BNP Paribas Securities Services S.C.A., Guernsey Branch

for and on behalf of

Oryx International Growth Fund Limited

as Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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