Kubera Cross-Border Fund Limited Quarterly Newsletter (8004T)
19 November 2019 - 4:10AM
UK Regulatory
TIDMKUBC
RNS Number : 8004T
Kubera Cross-Border Fund Limited
18 November 2019
Kubera Cross-Border Fund Limited
Quarterly Newsletter
Kubera Cross-Border Fund Limited (the "Fund") (LSE/AIM:KUBC) has
issued a newsletter detailing the activities of the Fund and its
portfolio companies for the quarter ended 30 September 2019.
The Board has completed its evaluation of cost-reduction
measures and, with the assistance of Numis, its consultation with
Shareholders. The Board expects to write formally to Shareholders
in the near future.
Electronic copies of the report will be emailed shortly to
shareholders. Copies of the report will be available to download
from the Fund's website, www.kuberacrossborderfund.com
About Kubera Cross-Border Fund Limited
Kubera Cross-Border Fund Limited is a closed-end investment
company incorporated in the Cayman Islands and traded on the AIM
market of the London Stock Exchange. The Fund makes private equity
investments in cross-border companies, primarily in businesses that
operate in the US-India corridor. For further information on the
Fund, please visit www.kuberacrossborderfund.com
For more information, contact:
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett/ Jamie Barklem/ Niall McDonald
Tel.: +44 (0) 20 7383 5100
Email: philip.j.secrett@uk.gt.com
Numis Securities Limited (Broker)
David Benda, Managing Director
Tel.: +44 (0) 20 7260 1275
Email: d.benda@numis.com
FIM Capital Limited (Administrator, Registrar &
Secretary)
Philip Scales, Director
Tel.: +44 (0) 1624 681250
Email: pscales@fim.co.im
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES
OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.
Disclaimer:
This announcement may contain certain forward-looking statements
with respect to the financial condition, results of operations and
business of the Fund and its portfolio companies. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the Fund or its
portfolio companies' actual performance to be materially different
from any future performance expressed or implied by such
forward-looking statements. Such forward-looking statements are
based on assumptions regarding the Fund and its portfolio companies
present and future business strategies and the political and
economic environment in which they operate. Reliance should not be
placed on these forward-looking statements.
In addition, due to the inherent uncertainties associated with
the determination of the valuation of any private equity
investment, the amount realised on disposal of a portfolio company
may differ materially from the amount estimated in determining its
fair value under US GAAP. The impact of such determination cannot
be quantified.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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