REG - Chelverton Grwth Tst - Net Asset Value(s) <Origin Href="QuoteRef">CHLV.L</Origin>

Chelverton Growth TrustAnnouncement

10/08/2017 16:05

RNS Number : 7063N
Chelverton Growth Trust PLC
10 August 2017
CHELVERTON GROWTH TRUST PLC
The Net Asset Value, based on bid prices, per Ordinary Share of 1p (including current period revenue to (31 July 2017) at close of business on 31 July 2017 was:
Per Ordinary Share 

80.51p
Ordinary Share price

63.00p
Discount to NAV

21.75%



This is based on 6,377,088 Ordinary Shares, being the issued capital of 6,377,088 Ordinary Shares, none held in treasury.
PORTFOLIO HOLDINGS
Name of Company
% of Portfolio



1.
CEPS
26.25
2.
Transflex Vehicle Rental 
18.88
3.
Touchstar
13.13
4.
Plutus Powergen
11.17
5.
Petards
8.23
6.
Lombard Risk Management
6.53
7.
MTI Wireless Edge
3.84
8.
Chelverton Asset Management Holdings
3.23
9.
Pedalling Forth Limited
3.05
10.
Main Dental
2.80
11.
Universe Group
1.32
12.
Security Research
1.27
13.
One Horizon Group
0.30
14.
Anaxsys Technology
0.00





100.00
The Board is pleased to announce that the sale of Transflex, the fund's second largest investment, took place on the 2 August. The fund invested in Transflex in January 2012 at the start-up stage, and made three further investments to finance the growth of the business. The total cost of the investment was 325,000 and after all expenses a sum of 925,409 has been received in cash, equivalent to 2.84 times the original investment. Anticipating the sale, the June valuation already included Transflex at 325p and the eventual sales price, net of expenses, of 333.48p has now been included in the July valuation.
Enquiries:
Jon Carslake - 01392 487056 
ISCA Administration Services Limited - Company Secretary
10 August 2017

This information is provided by RNS
The company news service from the London Stock Exchange
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