Herald Investment Trust PLC — Net Asset Value 2022

Dec 9, 2022

National Storage Mechanism | Additional information

RNS Number : 1211J

Herald Investment Trust PLC

09 December 2022

HERALD INVESTMENT TRUST PLC
STATISTICS AND PERFORMANCE REPORT
	At inception		At		Performance since	Performance	Performance
	16 February		30 November		31 October	YTD (%)	since inception
	1994		2022		2022 (%)		(%)
NAV (p) excl accrued income	98.7	p*	2147.2	p	+3.6%	-21.3%	+2075.5%
NAV (p) incl accrued income	98.7	p*	2146.7	p	+3.6%	-21.0%	+2244.0%	**
Numis SC + AIM ex. Investment Co's Index (capital gains)	1750.0		5481.2		+5.8%	-23.0%	+213.2%
Russell 2000 Technology Index (capital gains in Sterling terms)	673.8	***	4093.5		-1.7%	-23.4%	+507.5%
Share price	90.9	p****	1808.0	p	+4.9%	-27.8%	+1889.0%
Premium/(Discount) to NAV (excl accrued income)/share as at 30 November 2022							(15.8)%
UK Equity Portfolio as a %  of Net Asset Value at 30 November 2022*****							44.3%
Overseas Equity Portfolio as a % of Net Asset Value at 30 November 2022							44.2%
Cash as a % of Net Asset Value at 30 November 2022******							11.5%
Number of Equity Holdings at 30 November 2022							350
*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 7 convertible bonds.
******  The Company is not currently geared.
These figures are not audited
At 30 November 2022 the Net Asset Value including current year income was £1,336.8m (£1337.1m excluding current year income). Income is shown net of expenses.
There are 62,273,223 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. Past performance is not a reliable indicator of future returns. 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.

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