DSM Downing Strategic Micro-Cap Investment Trust

Portfolio Update

Portfolio Update

Downing Strategic Micro-Cap Investment Trust plc (the “Company”)

LEI: 213800QMYPUW4POFFX69

22 April 2021

Portfolio Update 

The Directors of the Company note the announcement released by Real Good Food plc (“RGD”) at 11:54am on 22 April 2021 relating to the proposed disposal of Brighter Foods Limited by RGD.

Completion of the proposed disposal is expected to result in a total payment to the Company of approximately £5.3m, being a partial redemption of the 10% Loan Notes held by the Company in RGD at their carrying value and the realisation of the redemption premium thereon. The impact of the redemption premium is estimated to result in an increase to the Company’s net asset value (“NAV”) of 1.07p per share.

The Directors further note that the Manager has a strong pipeline of qualified new prospects in final due diligence.

Enquiries:

Shore Capital (Financial Adviser and Broker) 

Robert Finlay

020 7408 4050

Grant Whitehouse

Downing LLP

Company Secretary                                                                                                         

020 7630 4333



EN
22/04/2021

Underlying

DSMDowning Strategic Micro-Cap Investment Trust

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Reports on Downing Strategic Micro-Cap Investment Trust

 PRESS RELEASE
Free
DSM Downing Strateg...

DSM: Net Asset Value(s)

DSM: Net Asset Value(s) Downing Strategic Micro-Cap Investment Trust Plc LEI Code: 213800QMYPUW4POFFX69 Net Asset Values The Company announces the following, all of which is unaudited: Total Assets - including current period revenue* at 21 February 2024£30.70mNet Assets - including current period revenue* at 21 February 2024£30.70mNumber of shares in issue (excluding treasury):46,608,486  The Net Asset Value (NAV) per share at 21 February 2024 was: Per Ordinary share (bid price) - including current period revenue*65.87pPer Ordinary share (bid price) - excluding current period revenue*65.87p...

February 22, 2024 1 EN
 PRESS RELEASE
Free
DSM Downing Strateg...

DSM: Net Asset Value(s)

DSM: Net Asset Value(s) Downing Strategic Micro-Cap Investment Trust Plc LEI Code: 213800QMYPUW4POFFX69 Net Asset Values The Company announces the following, all of which is unaudited: Total Assets - including current period revenue* at 20 February 2024£31.16mNet Assets - including current period revenue* at 20 February 2024£31.16mNumber of shares in issue (excluding treasury):46,608,486  The Net Asset Value (NAV) per share at 20 February 2024 was: Per Ordinary share (bid price) - including current period revenue*66.86pPer Ordinary share (bid price) - excluding current period revenue*66.86p...

February 21, 2024 1 EN
 PRESS RELEASE
Free
DSM Downing Strateg...

DSM: Net Asset Value(s)

DSM: Net Asset Value(s) Downing Strategic Micro-Cap Investment Trust Plc LEI Code: 213800QMYPUW4POFFX69 Net Asset Values The Company announces the following, all of which is unaudited: Total Assets - including current period revenue* at 19 February 2024£31.18mNet Assets - including current period revenue* at 19 February 2024£31.18mNumber of shares in issue (excluding treasury):46,608,486  The Net Asset Value (NAV) per share at 19 February 2024 was: Per Ordinary share (bid price) - including current period revenue*66.90pPer Ordinary share (bid price) - excluding current period revenue*66.90p...

February 20, 2024 1 EN
 PRESS RELEASE
Free
DSM Downing Strateg...

DSM: Net Asset Value(s)

DSM: Net Asset Value(s) Downing Strategic Micro-Cap Investment Trust Plc LEI Code: 213800QMYPUW4POFFX69 Net Asset Values The Company announces the following, all of which is unaudited: Total Assets - including current period revenue* at 16 February 2024£30.95mNet Assets - including current period revenue* at 16 February 2024£30.95mNumber of shares in issue (excluding treasury):46,608,486  The Net Asset Value (NAV) per share at 16 February 2024 was: Per Ordinary share (bid price) - including current period revenue*66.41pPer Ordinary share (bid price) - excluding current period revenue*66.41p...

February 19, 2024 1 EN
 PRESS RELEASE
Free
DSM Downing Strateg...

DSM: Net Asset Value(s)

DSM: Net Asset Value(s) Downing Strategic Micro-Cap Investment Trust Plc LEI Code: 213800QMYPUW4POFFX69 Net Asset Values The Company announces the following, all of which is unaudited: Total Assets - including current period revenue* at 15 February 2024£30.91mNet Assets - including current period revenue* at 15 February 2024£30.91mNumber of shares in issue (excluding treasury):46,608,486  The Net Asset Value (NAV) per share at 15 February 2024 was: Per Ordinary share (bid price) - including current period revenue*66.32pPer Ordinary share (bid price) - excluding current period revenue*66.32p...

February 16, 2024 1 EN

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