REG - Down MicroCap InvTst - Net Asset Value(s) - Replacement

Downing Strategic Micro-Cap Investment TrustAnnouncement

06/01/2020 12:15

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RNS Number : 8701Y
Downing Strategic Micro-Cap IT PLC
06 January 2020
 
Downing Strategic Micro-Cap Investment Trust Plc
 
The following amendment has been made to the 'Net Asset Value' announcement
released on 2 January 2020 at 14:43 under RNS No 5957Y.
 
The date for the Net Asset Value has been updated to 31/12/2019 and the list
of investments has been included.
 
All other details remain unchanged.
 
The full amended text is shown below.
 
 Total Assets (including unaudited revenue reserves at 31/12/2019) of £43.2m
 Net Assets (including unaudited revenue reserves at 31/12/2019) of
£43.2m
 The Net Asset Value (NAV) at 31/122019 was:
                                                                                                                         Number of shares in issue:
 Per Ordinary share (bid price) - including unaudited current period revenue*              78.79p                        54,830,002
 Per Ordinary share (bid price) - excluding current period revenue*                        77.17p
 Ordinary share price                                                                      75.00p
 Premium/(Discount) to NAV                                                                 (4.82)                        %
 *Current period revenue covers the period 01/03/2019 to 31/12/2019
                                                                   Name of company                                                       % of portfolio
                       1                                           Volex Plc Ordinary 25p                                                18.21%
                       2                                           Cash                                                                  16.77%
                       3                                           Real Good Food Var Loan Note 2020 (SMC)                               15.99%
                       4                                           Ramsdens Holdings Plc Ordinary                                        8.72%
                       5                                           Adept Technology Group Plc 10p                                        8.56%
                       6                                           Hargreaves Services Plc Ordinary 10p                                  6.79%
                       7                                           Synectics Plc GBp 20                                                  6.45%
                       8                                           Duke Royalty Ltd Common NPV                                           5.41%
                       9                                           Braemar Shipping Services Plc GBp 10                                  3.63%
                       10                                          Gama Aviation Plc Ordinary 1p                                         3.15%
                       11                                          Science in Sport Plc                                                  2.13%
                       12                                          Fireangel Safety Technology GBp2                                      1.83%
                       13                                          Pennant International Group Plc Ordinary 5p                           1.68%
                       14                                          Real Good Food Company Plc Ordinary 2p                                0.68%
                                                                   Total                                                                 100.00%
 
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