Stock Exchange Announcement
20 November 2014
RomReal : Third Quarter (Q3) 2014 Report and Investor Presentation.
RomReal hereby announces the Third Quarter (Q3) 2014 highlights in relation to the attached Third Quarter 2014 report and investor presentation:
Statutory Net Asset Value (NAV)
· NAV: EUR 0.51 (NOK 4.23) per share, - 1.2% compared to the end of Q2 2014.
Valuation
· No change to the land bank valuation since Q4 2013.
Financial Results
· Pre-tax loss of EUR 0.40 million.
· Total assets EUR 33.5 million compared to EUR 33.6 million at end of Q2 2014.
Plot division and sales
· One additional small plot sold for EUR 37,000, VAT excluded.
· The down payment for the Brasov plot has been used to reduce the Alpha Bank loan.
RomReal invites investors, analysts and media to a conference call, to be held tomorrow Friday, 21 November 2014, at 9.00 a.m. Oslo time. Those who would like to attend the conference call are invited to dial:
| Participant Joining Details | |
| UK Freephone: 0800 389 7473 | |
| UK Direct: 01296 480 180 | |
| International Direct: +44 1296 480 180 | |
| Global access numbers: | |
| http://www.btconferencing.com/globalaccess/?bid=54_automated | |
| Global Access Numbers are in-country toll free or local dial-in numbers for this conference. Give this URL to anyone -- both speakers and participants -- joining the conference so they can find the appropriate in-country dial-in number. You can also use these Global Access dial-in numbers if you are travelling. | |
| Passcode: 158 084# | |
For further information please contact:
Harris Palaondas
RomReal Ltd - Investor Relations
+0040731123037 www.romreal.com investors@romreal.com