Kinnevik posts 23 percent improvement in NAV

For the period to September 30, 2020, Kinnevik reported NAV of 107.9 billion Swedish krona or 388 Swedish krona per share, up 20.3 billion Swedish krona or 23 percent in the quarter, adding back paid dividend of 1.9 billion Swedish krona. The company said in a statement that adjusting for the dividends received from Tele2 in early October, its net cash position amounted to 4.2 billion Swedish krona.