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Quest for Growth NV — Net Asset Value 2018
Apr 5, 2018
3991_iss_2018-04-05_b46189e1-fdd6-49a5-b3e7-ccdc5e4e2730.pdf
Net Asset Value
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Regulated information. This press release contains information subject to the transparency requirements imposed on listed companies.
Press release Leuven / 5 April 2018 / 5.40 PM
Schedule for publication on 5 April 2018: 5.40 PM press release available at www.questforgrowth.com
QUEST FOR GROWTH
Privak/pricaf, public alternative investment fund (AIF) with fixed capital under Belgian law
NAV per share on 31/03/2018: € 10.61
For further information: CAPRICORN VENTURE PARTNERS NV Mr. Marc Pauwels – Fund Administrator Phone: +32 (0)16 28 41 00 Fax: +32 (0)16 28 41 08 [email protected]
| Stock Price | Net asset value/share | |||
|---|---|---|---|---|
| 31/03/2018 | 31/03/2018 | 28/02/2018 | 31/12/2017 | |
| 9.32 EUR | 10.61 EUR | 10.87 EUR | 10.71 EUR | |
| Number of shares | 15,155,969 | 15,155,969 | 15,155,969 | |
| Source: Estimate by Capricorn Venture Partners NV The net asset value is calculated without taking into account the different dividend rights pertaining to the different classes of shareholders. The full portfolio overview on 31 March 2018 is available on the website. |
On 31 March 2018, the net asset value of Quest for Growth was € 10.61 per share before payment of the dividend. The net asset value on 31 December 2017 was € 10.71 per share. On 31 March 2018 the share price closed at € 9.32 per share (31 December 2017: € 8.811 per share).
Since 3 April, the Quest for Growth share is listed ex-coupon. Due to the dividend payment, the net asset value declines by € 1.79 per share. The closing price of the share on 3 April was € 7.68 per share.
For the distribution of the result, the shareholders have the choice between a distribution in new "ordinary" shares, a payment in cash or a combination of both.
The issue price of the new shares is set at € 7.00 per share. This is approximately 10% less than the average closing price of the share during the reference period minus the coupon per share.
Those who opt for a distribution in shares will receive a new ordinary share per 5 existing shares (coupon 13) and a distribution of € 0.60 per newly issued share.
Shareholders can make their choice between 3 and 13 April 2018 included. The coupons nr 13, representing the dividend right attached to the ordinary shares will not be quoted nor traded on the stock market during the option period.
For more information about the optional dividend we refer to the information memorandum on the website www.questforgrowth.com or to the press release dated 29 March last.
Press release Leuven / 5 April 2018 / 5.40 PM
| Ex-coupon date1 | 3 April 2018 | |
|---|---|---|
| Record date2 | 4 April 2018 | |
| Option period | 3 April to 13 April 2018 | |
| Payment in cash, securities allotment or a | 17 April 2018 | |
| mixture of the two |
1 Date from when stock exchange dealings confer no right to participate in the next dividend distribution.
2 Date when positions are noted or the purpose of identifying the shareholders entitled to the dividend.
This announcement is not an offer or a solicitation to buy or sell shares in Quest for Growth nor in one of the companies in which Quest for Growth has invested.
The shares of Quest for Growth are not registered under the Securities Act of 1933 or under the securities legislation of any state of the United States, and they may not be offered, attributed, sold, resold, delivered, pledged or otherwise transferred, directly or indirectly, in or into the United States or to "US persons" except pursuant to an effective registration statement or an applicable exemption from registration.
Nothing in this announcement is, or should be relied on as, a promise or representation as to the future. If this announcement should include forward-looking statements, any such statement must be considered along with knowledge that actual events and results may vary materially from such predictions due to, among other things, financial, political, economic or legal changes in the markets in which the companies in which Quest for Growth invests do business or the stock markets in which these companies are listed. No representations or warranties are made by any person as to the accuracy of such forward-looking statements, estimates or projections.
QUEST FOR GROWTH NV Privak/pricaf, public alternative investment fund (AIF) with fixed capital under Belgian law Lei 19 - box 3, B-3000 Leuven - Phone: +32 (0)16 28 41 00 - Fax: +32 (0)16 28 41 08
www.questforgrowth.com [email protected]