News Releases
News releases 2009
20 May 2009
Final Results
SovGEM Limited (“the Company”), the emerging market equity finance house, is pleased to announce its annual results for the year ended 31 December 2008.
Highlights:
- Net Asset Value (NAV) 14.9p (2007: 34.4p)
- Most portfolio companies continue to report strong earnings and operating profits
- Acquisition of Hanson Westhouse intended
For further information:
| SovGEM Limited Hugh de Lusignan, Chief Executive Officer hdelusignan@sovereigngroup.com |
Tel: +44 (0) 20 7389 0655 www.sovgem.com |
| Nominated Adviser Smith & Williamson Corporate Finance Limited Azhic Basirov/Joanne Royden-Turner corpfinance@smith.williamson.co.uk |
Tel: +44 (0) 20 7131 4000 www.smith.williamson.co.uk |
| Broker Hanson Westhouse Limited Tim Metcalfe / Martin Davison tim.metcalfe@westhousesecurities.com |
Tel: +44 (0) 20 7601 6100 www.westhousesecurities.com |
| Media enquries: Abchurch Communications Limited Quincy Allan / Jack Ballantyne jack.ballantyne@abchurch-group.com |
Tel: +44 (0) 20 7398 7714 www.abchurch-group.com |