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EXCELSIOR CAPITAL LTD — Net Asset Value 2024
Sep 12, 2024
64816_rns_2024-09-12_a3fa73e0-0113-405b-ba05-e8fe8ac706d0.pdf
Net Asset Value
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Excelsior Capital Limited ABN 98 050 542 553
Level 57, 25 Martin Place Sydney, NSW, 2000
Telephone: (02) 9216 9043
Email: [email protected]
13 September 2024
ASX ANNOUNCEMENT
Excelsior Capital Limited (ASX: ECL)
Reported Net Tangible Asset (NTA) backing per share as at 31 August 2024
| Net tangible asset per share: | Cents | |
|---|---|---|
| As at 31 August 2024 | ||
| NTA before all taxes1 | 411.43 | |
| NTA after providing for all taxes2 | 393.25 |
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The calculation of the NTA backing per share (before all taxes) is an estimate based on ECL’s unaudited Financial Reports as at 31 August 2024.This number is after all costs and has also been adjusted by $3,044,419 to reflect the final and special dividends declared and payable on 20 September 2024 for a total of 10.5 cents per ordinary share.
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Company provides the NTA after providing for estimated income tax, unrealised gains / losses on its investments and capital gains tax (CGT) in respect to the sale of CMI Electrical. The final estimated CGT payable on the sale of CMI Electrical increased by approximately $400,000 for year ended 30 June 2024 and was reflected in the updated NTA after tax reported in Results FY24 release dated 30 August 2024.
This announcement has been authorised for release to the ASX by the Board.
For further information, please contact:
Danny Herceg Chairman +61 (02) 9216 9043
Disclaimer:
This announcement has been prepared as general information only and it not intended to provide financial advice or take into account your objectives, financial situation or needs. You should consider any decision to invest with a financial adviser, whether the information is suitable for your circumstances before making any investment decisions. Past performance is no guarantee of future results.
About Excelsior (ASX: ECL): Excelsior or ECL is a Listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior Capital Limited is a listed investment company (LIC) and manages an investment portfolio.
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