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RIT Capital Says Its Investment Strategy Continues To Reflect Policy Of Caution

8/17/2012 2:12 AM ET

RIT Capital Partners (RCP.L) said its investment strategy continues to reflect a policy of caution favouring large, quality companies and growth sectors in the developed world.

In its Interim Management Statement for the period from 1 April 2012 to date, the company noted that its most recent unaudited net asset value, or NAV, per share was 1,183.5 pence as at 31 July 2012.

The company has reviewed its dividend policy, following changes in tax legislation. A dividend of 28 pence per share will be paid on August 24, 2012 to shareholders on the register at June 15. Consistent with this change in policy, RIT will also be stating its NAV performance on a total return basis.

RIT will move to a December year-end. An interim report will be prepared to September 30, 2012, followed by a report for the nine months to December 31, 2012.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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