NAXS Nordic Access Buyout Fund AB
Interim Report January – September 2014
DGAP-News: NAXS Nordic Access Buyout Fund AB 22.10.2014 / 08:30 --------------------------------------------------------------------- Stockholm, October 22, 2014 PRESS RELEASE NAXS Nordic Access Buyout Fund AB (publ) Interim Report January - September 2014 Nine month 2014 -- Net profit for the period amounted to MSEK 104.4 (29.7). -- Earnings per share amounted to SEK 7.02 (1.99). -- Net asset value amounted to MSEK 726 (SEK 48.85 per share) at September 30, 2014, compared to MSEK 654 (SEK 43.92 per share) at year-end 2013. -- Net cash amounted to MSEK 126 (SEK 8.45 per share) at September 30, 2014, compared to MSEK 131 (SEK 8.80 per share) at year-end 2013. -- NAXS paid a dividend of SEK 2.00 per share for the fiscal year 2013. Third quarter 2014 -- Net profit/loss for the quarter amounted to MSEK 59.7 (9.4). -- Earnings per share amounted to SEK 4.02 (0.63). Comments by the CEO The third quarter of 2014 allowed NAXS to showcase the increased maturity of its portfolio, with a substantial net asset value growth and a couple of successful liquidity events. At the time of the writing of this report, we can only reiterate our previously expressed positive views regarding the Company's future developments. Lennart Svantesson Financial summary 2014 2013 2014 2013 1/1-9/30 1/1-9/30 7/1-9/30 7/1-9/30 ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- Net profit/loss for the period, KSEK 104 368 29 710 59 712 9 430 2014 2013 9/30 12/31 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Private equity fund investments, KSEK 600 491 522 428 Private equity fund investments in % of equity 83 80 Remaining commitments, KSEK 140 002 163 776 Total exposure to private equity fund investments, KSEK 740 493 686 204 Net cash, KSEK 125 662 131 008 Private equity fund investments per share, SEK 40.38 35.09 Net cash per share, SEK 8.45 8.80 Net asset value per share, SEK 48.85 43.92 Share price, SEK 45.00 38.80 NAXS Nordic Access Buyout Fund AB discloses the information provided herein pursuant to the Swedish Securities Markets Act. The report was submitted for publication at 8.30 CET on October 22, 2014. Contact information Lennart Svantesson, CEO Telephone: +46 73 311 00 11 Please see the attached file for the full report. This press release and further information is available on the Company's website: www.naxs.se NAXS Nordic Access Buyout Fund AB (publ) Corp. Reg. No. 556712-2972 Grev Turegatan 10 114 46 Stockholm, Sweden Tel: +46 8 611 33 25, E-mail: info@naxs.se News Source: NASDAQ OMX --------------------------------------------------------------------- 22.10.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: NAXS Nordic Access Buyout Fund AB Sweden ISIN: SE0001965369 End of News DGAP News-Service --------------------------------------------------------------------- 292687 22.10.2014
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