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EuroCastle 2023 doorstart?

2 Posts
| Omlaag ↓
  1. Stapelaar 3 maart 2023 15:19
    EUROCASTLE INVESTMENT LIMITED
    FOR IMMEDIATE RELEASE
    Contact:
    Oak Fund Services (Guernsey) Limited
    Company Administrator
    Attn: Hannah Crocker
    Tel: +44 1481 723450
    Eurocastle Releases Fourth Quarter and Year End 2022 Financial Results
    Guernsey, 2 March 2023 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) today will release its annual report for the year
    ended 31 December 2022.
    ? Adjusted Net Asset Value (“NAV”) of €10.3 million1, or €10.33 per share
    2, up €0.07 per share vs. Q3 2022 (up €0.54 per share vs.
    YE 2021) due to:
    1. Valuation movements:
    ? €0.05 per share, or 6%, increase in Q4 2022 (€0.28 per share increase for FY 2022) on the real estate fund
    investments following the sale of the final apartment units.
    ? No movement in Q4 2022 (€0.12 per share increase for FY 2022) on the NPL and other loan interests which were
    fully disposed of in the year.
    2. Reserve and other movements: €0.02 per share increase in Q4 2022 (€0.13 per share increase for FY 2022).
    ? IFRS NAV of €22.4 million, or €22.45 per share (€32.9 million, or €17.73 per share 3, as at YE 2021).
2 Posts
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