Pomegranate Investment AB (publ) Releases Financial Report for the period of 12 months ended April 30, 2019 and fourth quarter ended April 30, 2019
NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO ANY U.S. PERSONHighlight of the reporting period · The net asset value of the Company was EUR 108.8 mln on April 30, 2019 corresponding to EUR 20.1 per share, compared with NAV per share of EUR 18.9 as per January 31, 2019. · Pomegranate continues to first establish IRR (Iranian Rial) based valuations for all the portfolio companies, regardless of past EUR denominated transactions, and then to use data from the new foreign exchange trading platform known as “NIMA” for translations from IRR into EUR valuations. As per April 30, 2019