REG - Starvest PLC - Net Asset Value at 21 March 2022

StarvestAnnouncement

22/03/2022 09:15

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RNS Number : 5862F  Starvest PLC  22 March 2022

22 March 2022

 

 

Starvest Plc ("Starvest" or the "Company")

 

Net Asset Value at 21 March 2022

 

Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining
and resources investment company, announces a Net Asset Value ("NAV") update
as at 21 March 2022, ahead of the Company's AGM later today.

 

The NAV as at 21 March 2022 and certain prior periods were as follows:

                                          21 Mar 2022  31 Dec 2021  30 Sept 2021
 Trading Portfolio Value                  £13.1m       £13.7m       £14.0m
 Company NAV                              £13.3m       £13.9m       £14.1m
 NAV per Share                            22.9 pence   24.0 pence   24.4 pence
 Share price - mid                        13.5 pence   15.5 pence            16.0 pence
 Share price discount to net asset value  41%          35%          34%
 Market capitalisation                    £7.9m        £9.0m        £9.3m

 

Portfolio holdings are valued using their closing market prices as of the date
shown.

Starvest is a specialist mining and resource investment company and has the
industry knowledge and market exposure to select compelling opportunities
early in the investment cycle.

Investors are encouraged to view our RNS feed on the Starvest web site
www.starvest.co.uk/announcements (http://www.starvest.co.uk/announcements)

Investors are also encouraged to follow and review the RNS and other news
flows issued or otherwise disseminated by Greatland Gold plc, an investee
company which constitutes a large portion of Starvest's trading portfolio
value and whose share price can influence that of Starvest.
www.greatlandgold.com/media/investor-news/
(http://www.greatlandgold.com/media/investor-news/)

 

Callum N Baxter

Chairman & Chief Executive

22 March 2022

 

Enquiries to:

Starvest PLC

Callum Baxter or Gemma Cryan  02077 696 876  info@starvest.co.uk

 

Grant Thornton UK LLP (Nomad)

Colin Aaronson, Harrison Clarke or Ciara Donnelly 02073 835 100

 

SI Capital Ltd (Broker)

Nick Emerson or Alan Gunn  01483 413 500

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