Reinet Fund Announces Net Asset Value as of June 30, 2024

Reinet Investments S.C.A.'s subsidiary, Reinet Fund S.C.A., F.I.S., reported its net asset value (NAV) as of June 30, 2024. The NAV per share stood at €36.69, up from €36.11 on March 31, 2024, based on 171.3 million shares issued. The total NAV reached €6,285 million, reflecting a €100 million increase over the previous quarter.

The NAV includes Reinet Fund's stakes in Pension Insurance Corporation Group Limited, British American Tobacco p.l.c., along with other investments, cash resources, assets, and liabilities. These have been revalued to their estimated fair values as of the end date. Notably, the NAV calculation remained unaudited.

It is important to note that Reinet Investments S.C.A.'s consolidated balance sheet encompasses additional parent company assets and liabilities, causing a difference in NAV compared to Reinet Fund. The NAV per share for Reinet Investments S.C.A. will be released in due course.