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ECP EMERGING GROWTH LIMITED — Net Asset Value 2018
Oct 4, 2018
64817_rns_2018-10-04_9465d4cf-12e4-4ea3-a796-4e0e00ee05d2.pdf
Net Asset Value
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ABN 30 167 689 821
05 October 2018
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 1800 352 474 Facsimile 02 8651 6899
Dear Sir
Net Tangible Asset (NTA) Backing per Share & Top 5 Investments – 30 September 2018
The unaudited NTA backing per share of the Company at 30 September 2018 was as follows:
| Beforeestimated tax onunrealised gains | Afterestimated tax onunrealised gains | |
|---|---|---|
| at 30 September 2018 | 124.9 c | 121.3 c |
| at 31 August 2018 | 132.2 c | 126.8 c |
The NTA figures shown above are before and after the provision for deferred tax on the unrealised 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 year-to-date portfolio performance is 9.7% against the ASX All Ordinaries growth of 0.6%. The NTA has been impacted by the payment of a final dividend of 2 cents per share paid on 21 September 2018.
The top five investments of the Company at 30 September 2018 were as follows:
| Name of Company | Percentage of Total Portfolio |
|---|---|
| Pendal GroupLtd | 6.53 % |
| Magellan Financial GroupLtd | 6.09 % |
| AfterpayTouch | 5.93 % |
| Carsales.Com Ltd | 5.89 % |
| Seek Limited | 5.59 % |
| Total Top 5 Equity Investments | 30.03 % |
If you have any questions, please call the Company Secretary on 1800 352 474.
Yours sincerely
BARRACK ST INVESTMENTS LIMITED
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Brian Jones Company Secretary