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03 Jul 2019 | 13:43

Craven House Capital sees first-half NAV rising 17%

Craven House Capital said it expected to record a 17% rise in its first-half net asset value per share.

Changes in valuations for the six months through May reflected a previously announced repositioning of capital allocation and current investment focus in North America.

The company's main investments included a 68% holding in Toronto-listed agricultural investment company DLC Holdings and a 50% holding in Qeton, which focuses on the distribution of mobile phones, tablet computers and accessories into emerging markets.

At 1:43pm: (LON:CRV) Craven House Capital PLC ORD USD1.00 share price was +0.2p at 3.2p

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