27 February 2024
CRYSTAL AMBER FUND LIMITED
("Crystal Amber Fund" or the "Fund")
Notice of Interim Results and Portfolio Update
Crystal Amber Fund announces that its interim results for the six months to 31 December 2023 will be published on 28 March 2024.
Last week, the Fund disposed of 34.7% of its holding of Deferred Consideration Units ("DCUs") in Prax Exploration & Production plc at a 20% premium to carrying value. Combined with the anticipated payment at the end of March from the DCUs, this is expected to increase cash receipts by £5.7 million, equivalent to 7.3p a share. In aggregate, these are expected to increase Net Asset Value by 2.3p a share.
For further enquiries please contact:
Crystal Amber Fund Limited
Chris Waldron (Chairman)
Tel: 01481 742 742
Allenby Capital Limited - Nominated Adviser
Jeremy Porter/ Dan Dearden-Williams
Tel: 020 3328 5656
Winterflood Investment Trusts - Broker
Joe Winkley/Neil Langford
Tel: 020 3100 0160
Crystal Amber Advisers (UK) LLP - Investment Adviser
Richard Bernstein
Tel: 020 7478 9080
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