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Director Appointments

FEV chairman to step down, issues final results

14 March 2016 11:12

Fidelity European Values said chairman Humphrey van der Klugt will be stepping down at the AGM on May 12, and that director Vivian Bazalgette will succeed him in that role.

It also reported that for the year ended 31 December 2015, the net asset value (NAV) per share total return of your Company was 6.9%, outperforming its Benchmark Index, the FTSE World Europe (ex UK) Index, which returned 5.3%.

The share price total return over this period was 9.2%, ahead of the NAV return as a consequence of the level of discount (ex-income) narrowing from 4.6% at the start of the year to 2.9% at the year end.

At 11:12am: (LON:FEV) Fidelity European Values Plc share price was +1.75p at 165.95p

Story provided by StockMarketWire.com

Related Company: FEV

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