Barings Emerging EMEA Net Asset Value and Board Update

 
TIDMBEMO 
 
Barings Emerging EMEA Opportunities PLC 
 
                                (the "Company") 
 
 "Finding quality companies from Emerging Europe, the Middle East and Africa" 
 
                       Net Asset Value and Board Update 
 
Net Asset Value 
 
It is announced that at the close of business on 10 March 2022, the unaudited 
Net Asset Value (NAV) per ordinary share valued on a bid price basis, is: 
 
Including current period revenue to 10      675.32 pence per ordinary share 
March 2022 
 
Excluding current period revenue            670.99 pence per ordinary share 
 
Board Update 
 
The Board of Barings Emerging EMEA Opportunities PLC are providing further 
information on the Company's investment portfolio. 
 
In line with the announcement made on the 3rd March 2022, the Company's Net 
Asset Value ("NAV") calculated as of the close of business on the 10th March 
2022 includes 0% attributable to Russian securities. The remaining securities 
in the portfolio are marked to market. The Board continues to follow this 
valuation policy. 
 
Management fees are charged based on the Company's NAV and, as a result, no 
management fees are being charged on Russian securities. 
 
As of the close of business on the 10th March 2022, the Company held the 
following Russian securities (all valued at £zero): 
 
SEDOL        Company Name                                  Quantity 
 
4767981      Sberbank of Russia PJSC Common Stock          1,374,068 
 
BNGCVY1      United Co RUSAL International PJSC Common      572,570 
             Stock 
 
5140989      Gazprom PJSC ADR                               447,639 
 
BYSW6D0      MMC Norilsk Nickel PJSC ADR                    150,980 
 
B07T3T9      X5 Retail Group NV GDR                         100,683 
 
B9GFHQ6      Moscow Exchange MICEX-RTS PJSC Common Stock    86,875 
 
B5BSZB3      Yandex NV Common Stock                         82,492 
 
BYZDW27      Lukoil PJSC ADR                                72,519 
 
BF233S0      TCS Group Holding PLC GDR                      30,447 
 
B59GLW2      Magnit PJSC Common Stock                       23,826 
 
B0DK750      Novatek PJSC GDR                               10,715 
 
11 March 2022 
 
LEI: 213800HLE2UOSVAP2Y69 
 
Barings Emerging EMEA Opportunities PLC, via J.P. Morgan 
Cazenove 
 
Frances Daley (Chairman) 
 
J.P. Morgan Cazenove                                        +44 (0)20 7742 
                                                            4000 
 
William Simmonds 
 
Media enquiries 
 
Quill PR                                                    +44 (0)20 7466 
                                                            5050 
 
Nick Croysdill, Andreea Caraveteanu 
 
About Barings Emerging EMEA Opportunities PLC 
 
"Finding quality companies from Emerging Europe, the Middle East and Africa." 
 
Barings Emerging EMEA Opportunities PLC (the "Company") is a UK based 
investment trust that was launched on 18 December 2002 and is managed by Baring 
Fund Managers Limited. 
 
In November 2020, the Company broadened its investment policy to focus on 
growth and income from quality companies in the Emerging Europe, Middle East 
and Africa ("EMEA") region. It also changed its name from Baring Emerging 
Europe PLC to Barings Emerging EMEA Opportunities PLC at the same time. 
 
For more information, and to sign up for regular updates, please visit the 
Company's website: www.bemoplc.com 
 
 
 
END

(END) Dow Jones Newswires

March 11, 2022 12:12 ET (17:12 GMT)

Baring Emerging Europe (LSE:BEE)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024