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ECP EMERGING GROWTH LIMITED — Net Asset Value 2016
Sep 6, 2016
64817_rns_2016-09-06_11e78127-734e-406b-8c2c-58555eaf1d35.pdf
Net Asset Value
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ABN 30 167 689 821
07 September 2016
The Manager Company Announcements Office ASX Ltd Exchange Centre Level 6, 20 Bridge Street SYDNEY NSW 2000
Suite 305, Level 3 343 George Street SYDNEY NSW 2000
Telephone 02 8651 6800 Facsimile 02 8651 6899
Dear Sir
Net Tangible Asset (NTA) Backing per Share & Top 5 Investments – 31 August 2016
The unaudited NTA backing per share of the Company at 31 August 2016 was as follows:
| Beforeestimated tax onunrealized gains | Afterestimated tax onunrealized gains | |
|---|---|---|
| at 31 August 2016 | 115.47 c | 112.47 c |
| at 31 July2016 | 121.2 c | 115.7c |
The NTA figures shown above are before and after the provision for deferred tax on the unrealized gains in the Company’s investment portfolio. The Company is a long-term equity investor and does not intend to dispose of its total portfolio. The above NTA takes into account that prior to 17 August 2016, 2,160,000 Options were exercised at $1 each and the remaining Options lapsed.
The top five investments of the Company at 31 August 2016 were as follows:
| Name of Company | Percentage of Total Portfolio |
|---|---|
| REA Group | 10.56 % |
| BT Investment Management | 10.36 % |
| Carsales.Com Ltd | 9.88 % |
| Magellan Financial GroupLtd | 9.29 % |
| Sirtex Medical | 8.46 % |
| Total Top 5 Equity Investments | 48.55% |
If, you have any questions please call the Company Secretary on (02) 8815 5400.
Yours sincerely
BARRACK ST INVESTMENTS LIMITED
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Brian Jones Company Secretary