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Aurora Investment Trust plc announced its unaudited Net Asset Value (NAV) as at the close of business on 24 July 2023. The NAV was reported at 236.82p per ordinary share (cum-income), with portfolio investments valued on a bid price basis. The Company also stated that current performance fees and clawbacks in its daily unaudited NAV are recognised on a liability/asset basis, diverging from its accounting policy for Interim and Annual Reports.
| Date | 25 Jul 2023 |
| Time | 12:16:07 |
| Category | Corporate updates |
| ID | 1347H |
Aurora Investment Trust plc (the 'Company')
LEI: 2138007OUWIZFMAGO575
The Company announces that its unaudited Net Asset Value ("NAV") as at the close of business on 24 July 2023 was 236.82p per ordinary share (cum-income).
Investments in the Company's portfolio have been valued on a bid price basis in the above calculation.
The Company recognises performance fees and clawbacks on fees paid in prior performance periods under IFRS 2 Share Based Payments in its Interim and Annual Reports. In the Company's unaudited daily NAV, current performance fee and clawback(s) on fees paid in prior performance periods are recognised on a liability/asset basis, which diverges from the Company's accounting policy.
For and on behalf of the Board
Frostrow Capital LLP
Secretary
25 July 2023