RUG Renn Universal

 
TIDMRUG 
 
RENN UNIVERSAL GROWTH INVESTMENT TRUST PLC 
 
The Net Asset Value of the ordinary 25p shares of the Company at 30 
September 2013 was as follows: 
 
Including current period revenue 323.65 pence (US524.12c) (includes revenue 
reserve losses up to and including 30 September 2013) 
 
Excluding current period revenue 327.09 pence (US529.69c) (includes revenue 
reserve losses up to and including the year ended 31 March 2013) 
 
The exchange rate at which this was calculated was GBP=US$1.6194 
 
As at 30 September 2013, the Company holds net cash of GBP7.331m, and expects 
the proportion to rise following the adoption of the new investment policy 
and objective approved by shareholders on 17 April 2013. 
 
The Net Asset Value calculation includes the time value of unlisted 
warrants in respect of the portfolio valuation. The Company has adopted the 
Black Scholes methodology and will calculate the time value (in US Dollars) 
of unlisted warrants every quarter. The warrants included in the portfolio 
for the weekly NAV calculations will be calculated by valuing the intrinsic 
value of the warrants and adding the time value as at the most recently 
calculated quarterly valuation. 
 
 
 
Intrinsic value of unlisted warrants as at 30           $3,265,255 
September 2013 
 
 
 
Sterling equivalent at exchange rate above:             GBP2,016,336 
 
Time value of unlisted warrants as at 30 September 
2013: (adjusted for warrants subsequently acquired, 
exercised, expired or disposed)                               $791 
 
 
 
Sterling equivalent at exchange rate above:                   GBP488 
 
Share price as at 30 September 2013                        236.00p 
 
Discount:                                                 (27.08%) 
 
01 October 2013 
 
 
 
END 
 

Renaissance Us Growth Invst (LSE:RUG)
Historical Stock Chart
From Jun 2024 to Jul 2024

Renaissance Us Growth Invst (LSE:RUG)
Historical Stock Chart
From Jul 2023 to Jul 2024