RIII Rights & Issues Investment Trust PLC Inc

Rights and Issues Investment Trust PLC: Net Asset Value

Rights and Issues Investment Trust PLC (RIII)
Rights and Issues Investment Trust PLC: Net Asset Value

17-Apr-2019 / 16:04 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Rights and Issues Investment Trust Plc    
The Company announces:
Total Assets (including unaudited revenue reserves at 16/04/2019) of £180.56m
Net Assets (including unaudited revenue reserves at 16/04/2019) of £180.56m
Cash Position of £13.0m    
The Net Asset Value (NAV) at 16/04/2019 was:
    Number of shares in issue:
Per Ordinary share - including unaudited current period revenue*  2,270.36p 7,952,703
Per Ordinary share - excluding current period revenue*   2268.86p  
Ordinary share price (mid-price) 2110.00p  
Discount to NAV  (7.06)%  
*Current period revenue covers the period 01/01/2018 to 16/04/2019
 
  Name of company % of portfolio
1 Scapa Group Plc Ordinary 5p 13.73
2 RPC Group Plc Ordinary 5p 11.16
3 Hill & Smith Holdings Plc Ordinary 25p 11.01
4 Treatt Plc Ordinary 2p 10.29
5 Macfarlane Group Plc Ordinary 25p 9.78
6 Vp Plc Ordinary 5p 8.61
7 Colefax Group Plc Ordinary 10p 6.98
8 Spirax-Sarco Engineering Plc Ordinary 26.9231p 5.73
9 Electrocomponents PLC Ordinary 10p 4.82
10 Renold Plc Ordinary 5p 4.71
11 Vitec Group Plc Ordinary 20p 2.69
12 Menzies (John) Plc Ordinary 25p 2.51
13 Elecosoft Plc Ordinary 1p 2.14
14 Titon Holdings Plc Ordinary 10p 1.01
15 Castings Plc Ordinary 10p 0.81
16 National Grid Plc Ordinary 11.395p 0.67
17 GlaxoSmithKline Plc Ordinary 25p 0.64
18 Dialight Plc Ordinary 1.89p 0.63
19 Low & Bonar Plc Ordinary 5p 0.54
20 Discretionary Unit Fund Managers Ltd 0.45
21 LPA Group Plc Ordinary 10p 0.41
22 Santander UK 10.375% Non Cumulative Preferred 0.37
23 Chamberlin Plc Ordinary 25p 0.24
24 Coral Products Plc Ordinary 1p 0.08
25 Dyson Group Plc Ordinary GBP0.001 0.00
26 Costain Group Plc Ordinary 50p 0.00

ISIN: GB0007392078
Category Code: NAV
TIDM: RIII
LEI Code: 2138002AWAM93Z6BP574
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 8244
EQS News ID: 801389

 
End of Announcement EQS News Service

fncls.ssp?fn=show_t_gif&application_id=801389&application_name=news&site_id=research_pool
EN
17/04/2019

Underlying

RIIIRights & Issues Investment Trust PLC Inc

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Rights & Issues Investment Trust PLC Inc

James Carthew
  • James Carthew
RIII Rights & Issues...

Rights and Issues Investment Trust – Looking oversold

Rights and Issues Investment Trust (RIII) is battling a number of headwinds. UK small caps face a lacklustre UK economy, a looming budget that is creating market uncertainty, and seemingly indifferent domestic and international investors. To this we can add a large shareholder who appears to be actively frustrating efforts by RIII’s board to improve the lot of investors. This has led to a widening of RIII’s discount, which makes it amongst the worst-performing of all UK small-cap trusts over the...

RIII RIGHTS & ISSUES INVESTMENT TRUST PLC INC
11/05/25 November 5, 2025 22 EN
Andrew Courtney ... (+2)
  • Andrew Courtney
  • James Carthew
RIII Rights & Issues...

Rights and Issues Investment Trust

We are now more than 12 months into Jupiter Asset Management’s tenure managing the Rights and Issues Investment Trust (RIII), following the retirement of Simon Knott, who was at the helm for 39 years. New managers Dan Nickols and Matt Cable have said they remain committed to the fund’s heritage, retaining the core principles of one of the UK’s oldest and most successful investment trusts over the long-term, while adding the benefits of Jupiter’s UK Small and Midcap investment team. Whilst the m...

RIII RIGHTS & ISSUES INVESTMENT TRUST PLC INC
12/19/23 December 19, 2023 1 EN
Andrew Courtney ... (+2)
  • Andrew Courtney
  • James Carthew
RIII Rights & Issues...

Rights and Issues Investment Trust

We are now more than 12 months into Jupiter Asset Management’s tenure managing the Rights and Issues investment trust (RIII), following the retirement of Simon Knott, who was at the helm for 39 years. New managers Dan Nickols and Matt Cable remain committed to its heritage, retaining the core principles of one of the UK’s oldest and most successful investment trusts, while adding the benefits of Jupiter’s large and well-resourced UK Small and Midcap investment team. Whilst broader macro-volatil...

RIII RIGHTS & ISSUES INVESTMENT TRUST PLC INC
12/19/23 December 19, 2023 1 EN
 PRESS RELEASE
Free
RIII Rights & Issues...

Rights and Issues Investment Trust PLC: Net Asset Value(s)

Rights and Issues Investment Trust PLC (RIII) Rights and Issues Investment Trust PLC: Net Asset Value(s) 08-Nov-2023 / 11:22 GMT/BST       Rights and Issues Investment Trust Plc     The Company announces: Total Assets (including unaudited revenue reserves at 07/11/2023) of £117.82m Net Assets (including unaudited revenue reserves at 07/11/2023) of £117.82m       The Net Asset Value (NAV) at 07/11/2023 was:     Number of shares in issue: ...

November 8, 2023 1 EN
 PRESS RELEASE
Free
RIII Rights & Issues...

Rights and Issues Investment Trust PLC: NAV-Net Asset Value(s)

Rights and Issues Investment Trust PLC (RIII) Rights and Issues Investment Trust PLC: NAV-Net Asset Value(s) 07-Nov-2023 / 13:07 GMT/BST   Rights and Issues Investment Trust Plc     The Company announces: Total Assets (including unaudited revenue reserves at 06/11/2023) of £118.27m Net Assets (including unaudited revenue reserves at 06/11/2023) of £118.27m       The Net Asset Value (NAV) at 06/11/2023 was:     Number of shares in issue: Per Ord...

November 7, 2023 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch