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Aurora Investment Trust plc announced its unaudited Net Asset Value (NAV) as at the close of business on 19 October 2023 was 223.40p per ordinary share. The company stated that investments in its portfolio were valued on a bid price basis for this calculation. It also noted that its daily NAV recognition of current performance fees and clawbacks diverges from its IFRS 2 accounting policy used in Interim and Annual Reports.
| Date | 20 Oct 2023 |
| Time | 12:49:50 |
| Category | Corporate updates |
| ID | 8419Q |
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 19 October 2023 was 223.40p 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
20 October 2023