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Achilles Investment Company Limited announced an estimated un-audited net asset value (NAV) per share of 107.72p at the close of business on 31 May 2025. The company noted Empiric Student Property plc's (ESP) announcement on 5 June 2025 regarding a possible offer for ESP. Realised and unrealised gains in the ESP holding since month-end would have added approximately 1.16p to the estimated NAV per share, based on ESP's closing bid price on 6 June 2025.
| Date | 9 Jun 2025 |
| Time | 07:00:08 |
| Category | Corporate updates |
| ID | 9001L |
Achilles Investment Company Limited
LEI: 213800IVO9DDEIJD7724
NET ASSET VALUE
The estimated un-audited net asset value per share ("NAV"), calculated in accordance with the guidelines of the Association of Investment Companies, for Achilles Investment Company Limited at the close of business on 31 May 2025 was 107.72p (cum income).
Achilles Investment Company Limited's second-largest portfolio holding is in Empiric Student Property plc ("ESP"). The Board is pleased to note ESP's announcement of 5 June 2025 regarding a possible offer for the company. The realised and unrealised gains since the month-end in this holding would have added approximately 1.16p to estimated un-audited net asset value per share. Unrealised gains based on ESP's closing bid price on 6 June 2025.
Enquiries:
Company Secretary
NSM Funds Limited +44 (0) 1481 743030