Excelsior Capital Limited ABN 98 050 542 553
18-20 Railway Road, Meadowbank, NSW 2114, Australia Postal address: PO Box R281 Royal Exchange NSW 1225 Telephone: (02) 9807 6155 Facsimile: (02) 9808 4155
14 January 2019
Australian Securities Exchange Exchange Centre
20 Bridge Street SYDNEY NSW 2000
Net Tangible Assets (NTA) backing per share for Excelsior Capital Limited as at 31 December 2018:
NTA of Investment Portfolio 61.97c
NTA of CMI Electrical Division* 57.74c
NTA of Consolidated Group 119.71c
* The calculation of the NTA backing per share (after tax) for the Electrical Division is based on the Annual Report of Excelsior
Capital Limited for the Year Ended 30 June 2018, adjusted for the final dividend of $941,021 paid in October 2018, and the recent off-market buy-back of 2,372,902 shares for $3,416,979. The funding for the buy-back was split between the Investment Portfolio of $1.2 million, with the balance being funded from the Electrical Division.
For further information, please contact:
Michael Glennon
Executive Chairman +61 (2) 8027 1000
About Excelsior (ASX: CMI): Excelsior is a listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior Capital Limited's operations comprise the design and distribution of electrical components and cables for resource and infrastructure applications through its Electrical Division and a substantial investment portfolio.
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CMI Limited published this content on 14 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 January 2019 05:03:02 UTC