Stockholm, 2014-11-12 08:00 CET (GLOBE NEWSWIRE) --
- Net result for the period was USD –128.51 million (mln) (January 1, 2013–September 30, 2013: –25.44). Earnings per share were negative (negative). Net result for the quarter was USD –37.47 mln (July 1, 2013–September 30, 2013: –0.76). Earnings per share for the quarter were negative (negative).
- The net asset value of the Company was USD 391.41 mln on September 30, 2014 (December 31, 2013: 633.97), corresponding to USD 5.23 (December 31, 2013: 7.05) per share. Given a SEK/USD exchange rate of 7.2383 the values were SEK 2,833.14 mln (December 31, 2013: 4,126.10 mln) and SEK 37.84 (December 31, 2013: 45.89), respectively.
- The group’s net asset value per share in USD decreased by 25.86% over the period January 1, 2014–September 30, 2014. During the same period the RTS index decreased by 22.11% in USD terms. During the quarter July 1, 2014–September 30, 2014 the group’s net asset value per share in USD decreased by 8.75% (RTS index: –17.74%).
- During the third quarter, the Company has made two new investments: a EUR 5.5 mln investment in Quandoo, the fastest growing and technology-leading restaurant reservation platform in EMEA; and a USD 25 mln investment in GetTaxi, which provides transportation services to enterprises and individuals through mobile and web-based applications and aims to become the global leader in the space. The Company has also made two new debt investments (in Delivery Hero and Kite Ventures) in the total amount of EUR 33 mln.
- The number of outstanding shares at the end of the period was 74,865,149.
- The reported net asset value per share of Vostok Nafta as of October 31, 2014 was USD 5.04 (SEK 37.02).
The company will host a telephone conference with an interactive presentation on Wednesday, November 12, 2014 at 17:00 Central European Time (CET). For call-in details, see separate press release issued Wednesday, November 5, 2014 at www.vostoknafta.com.
