Herald Investment Trust PLC — Net Asset Value 2020

May 11, 2020

National Storage Mechanism | Additional information

RNS Number : 5533M

Herald Investment Trust PLC

11 May 2020

HERALD INVESTMENT TRUST PLC

STATISTICS AND PERFORMANCE REPORT

At inception

At

Performance since

Performance

Performance

16 February

30 April

31 March

YTD (%)

since inception

1994

2020

2020 (%)

(%)

NAV (p) excl accrued income

98.7

p*

1574.8

p

+13.0%

-5.6%

+1495.5%

NAV (p) incl accrued income

98.7

p*

1572.1

p

+13.0%

-5.8%

+1616.5%

**

Numis SC + AIM

(capital gains ex I.T.)

1750.0

4428.8

+12.9%

-24.2%

+153.1%

Russell 2000 Technology Index (capital gains in Sterling terms)

673.8

***

3168.4

+13.5%

-5.7%

+370.2%

Share price

90.9

p****

1370.0

p

+24.5%

-7.4%

+1407.2%

Premium/(Discount) to NAV (excl accrued income)/share as at 30/04/2020

(13.0)%

UK Equity Portfolio as a %  of Net Asset Value at 30/04/2020*****

48.9%

Overseas Equity Portfolio as a % of Net Asset Value at 30/04/2020

38.3%

(Gearing)/Cash as a % of Net Asset Value at 30/04/2020******

12.8%

Number of Equity Holdings at 30/04/2020

302

*100p was the subscription price before launch costs of 1.3p

** Total return (in percentage terms) on 98.7p invested at inception excluding warrants.

***Value shown is from 31/03/1996 the date the funds were globalised.

****90.9p is CGT base subscription price for shareholders adjusting for warrants which were issued on a 1 for 5 basis.

*****Includes 8 convertible bonds.

******  Gearing is total assets (including all debt used for investment purposes) divided by shareholders' funds.

These figures are not audited

At 30/04/2020 the Net Asset Value including current year income was £1052.8m (£1054.6m excluding current year income). Income is shown net of expenses.

There are 66,966,777 shares currently in issue. 

This Report has  been  issued  on  behalf  of  Herald  Investment  Trust plc, and  has  been  approved  by  Herald  Investment Management Limited, its investment manager. Herald Investment Management Limited is authorised and regulated by the Financial Conduct Authority. You should remember that past performance is not necessarily a guide to future performance.  Markets and currency movements may cause the value of shares, and the income from them, to fall as well as rise, and you may get back less than you invested when you decide to sell your shares.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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