Merchants Trust PLC — Fund Information / Factsheet 2014

Jan 14, 2014

P O R T F O L I O I N F O R M A T I O N R E P O R T
		( ha n	) - H Tr P t t an sa us	lc
		As	3 1 2 0 1 3 De t : a c
		A l l v	in lu bp a es u	iv
g eq
		ISO	Sh are		rke Ma t	of %
Na me	Co de	Cty	Pa r V alu e	Bo ok Co st	Ca ita lisa tio p n	Sh are s	Ma rke t V alu e	%N AV
Oc W ilso Ho ldi s L im ite d ean ns ng	ilsg oce anw r	BM U	9, 35 2, 77 0.0 0	2, 55 6, 47 5.0 0	36 7, 77 5, 61 6	26 .45	97 26 8, 80 8.0 0 ,	35 .01
NC C G PL C rou p	ln ncc	GB R	7, 50 0, 00 0.0 0	2, 844 24 8.6 6 ,	38 5, 51 2, 79 0	3.6 0	13, 87 5, 00 0.0 0	4.9 9
BG G PL C rou p	bg / ln	GB R	84 2, 00 0.0 0	6, 40 6, 44 0.4 0	44 23 2, 55 7, 88 6 ,	0.0 2	10, 92 4, 95 0.0 0	3.9 3
An do r T ech log PL C no y	and ln	GB R	1, 97 1, 34 3.0 0	2, 65 8, 35 5.0 8	167 146 98 9 , ,	6.1 6	10, 29 0, 41 0.4 6	3.7 0
ian Lim ite d Ex G per rou p	n l exp n	GB R	90 0, 00 0.0 0	5, 00 8, 37 5.9 5	11, 126 143 44 4 , ,	0.0 9	10, 00 8, 00 0.0 0	3.6 0
ral d I He Tr PL C stm ent ust nve	hri ln	GB R	1, 39 7, 70 0.0 0	5, 604 60 0.2 9 ,	53 2, 104 890 ,	1.8 0	9, 57 4, 24 5.0 0	3.4 5
Th eir e W G PL C rou p	ir l we n	GB R	44 0, 00 0.0 0	5, 176 09 3.2 0 ,	4, 54 4, 53 9, 199	0.2 1	9, 38 0, 800 .00	3.3 8
rtla nd Gr Po Es PL C eat tat es	ln gp or	GB R	1, 38 1, 81 8.0 0	4, 47 8, 02 4.9 4	05 2, 8, 39 8, 00 2	0.4 0	8, 27 0, 180 .73	2.9 8
Ser vic C Ha PL rgr eav es es	hsp ln	GB R	1, 00 0, 00 0.0 0	3, 41 4, 21 2.5 8	27 3, 28 09 7, 7	3.0 2	8, 26 0, 00 0.0 0	2.9 7
old ing LC Ha H s P nst een	hst n l n	GB R	63 36 3.0 0 7, 6,	38 2, 49 4.4 2 7,	1, 46 8, 110 69	1.1 9	8, 24 27 2.0 4 7,	2.9 7
4 L im ite d L DV oan s	dv4 d or	GB R	83 8, 120 .18 6,	83 8, 120 .18 6,		0.0 0	45 60 1.2 1 7, 7,	2.6 8
Ga llif ord C Tr PL y	frd 2 l g n	GB R	63 8.0 0 6, 79	4, 38 644 .35 7,	95 170 95 8 7,	0.7 8	44 4, 168 .62 7,	2.6 8
fax Ko LT D	kfx ln	GB R	1, 800 00 0.0 0	5, 06 28 0.9 0 7,	, 39 00 4, 42 6, 7	1.8 5	33 50 0.0 0 7, 9,	2.6 4
Gl Sm ith Kl ine C PL axo	k l gs n	GB R	, 40 0, 00 0.0 0	5, 9, 84 5.0 0 76	78 24 3, 31 3, 49 5	0.0 1	44 00 0.0 0 6, 6,	2.3 2
illi C BH P B PL ton	blt ln	GB R	33 5, 00 0.0 0	5, 112 34 3.5 8	, 39 41 1, 25 9, 71 3	0.0 2	25 1, 100 .00 6,	2.2 5
Ce ica C PL ntr	ln cna	GB R	1, 71 8, 75 0.0 0	, 3, 75 46 4.0 0 7,	, 17, 65 1, 25 0, 97 0	0.0 3	5, 96 50 0.0 0 7,	2.1 5
UB M PL C	ub ln m	GB R	90 0, 00 0.0 0	5, 57 1, 33 7.5 0	1, 60 03 1, 170 6,	0.3 7	5, 88 1, 50 0.0 0	2.1 2
HS BC H old s P LC	hsb c ln	GB R	88 5, 41 6.0 0	40 7, 90 4.1 4 6,	124 71 0, 02 2, 04 1	0.0 0	5, 864 110 .17	2.1 1
ing BP PL C	/ ln	GB R	00 00 0.0 0	01 54 1.3 5	, 90 96 143 188	0.0 1	, 880 50 0.0 0	1.7 6
Ca PL	bp ciu	GB	1, 0, 75 00 0.0	0, 6, 63 168	6, , , 33 70	1.4	4, , 86 37 5.0	1.7
C pe	ln	R	1, 0, 0	4, 0, .69	97 1, 5 6,	5	4, 9, 0	5
Wo lse ley PL C	ls2 ln wo	GB R	133 29 5.0 0 ,	5, 103 23 5.0 0 ,	9, 103 07 3, 847 ,	0.0 5	4, 56 5, 35 3.7 5	1.6 4
En i S A. .p.	eni im	ITA	30 0, 00 0.0 0	4, 07 7, 884 .50	63 56 1, 90 1, 42 2 ,	0.0 1	4, 36 5, 22 4.6 3	1.5 7
Go als So r C PL C ent cce res	al l go n	GB R	2, 100 00 0.0 0 ,	2, 45 4, 31 9.0 0	92 21 2, 187 ,	3.9 9	3, 67 5, 00 0.0 0	1.3 2
Llo ds Ba nk ing G PL C y rou p	llo ln y	GB R	4, 66 6, 42 5.0 0	6, 33 8, 20 5.3 0	56 13 1, 27 4, 867 ,	0.0 1	3, 67 0, 143 .26	1.3 2
Ro l D h S hel l P LC B sha utc ya res	rds b l n	GB R	143 66 6.0 0 ,	1, 99 9, 90 0.0 0	56 36 8, 36 9, 26 8 ,	0.0 1	3, 27 4, 86 6.4 7	1.1 8
Br ks Ma cdo nal d G PL C oo rou p	brk ln	GB R	199 56 5.0 0 ,	2, 45 7, 49 7.5 0	194 24 7, 185 ,	1.4 9	2, 90 3, 67 0.7 5	1.0 5
Q ine tiq G PL C rou p	ln qq	GB R	1, 00 0, 00 0.0 0	1, 77 5, 05 0.0 0	1, 43 3, 23 3, 72 9	0.1 5	2, 170 00 0.0 0 ,	0.7 8
Ca irn En PL C erg y	ln cne	GB R	53 1, 81 8.0 0	3, 20 4, 79 3.0 0	1, 60 5, 46 5, 06 8	0.0 9	1, 43 4, 844 .96	0.5 2
Pe cel tic Int atio nal PL C tro ern	i ln pc		73 1, 23 2.0 0	3, 109 74 5.0 7 ,	30 3, 67 9, 71 1	0.4 2	1, 26 5, 03 1.3 6	0.4 6
Bli nk x P LC	bln x l n	GB R	42 7, 02 3.0 0	1, 03 9, 99 9.8 4	81 5, 145 857 ,	0.1 1	87 3, 26 2.0 4	0.3 1
Al l L eis ure	allg ln	GB R	2, 21 6, 70 0.0 0	3, 39 0, 56 0.0 0	22 84 5, 56 7 ,	3.5 9	820 179 .00 ,	0.3 0
Im har PL C mu p ma	im ln m	GB R	1, 25 0, 00 0.0 0	1, 07 5, 00 0.0 0	51 01 5, 127 ,	1.5 2	77 5, 00 0.0 0	0.2 8
Co lid d I Fu nd s L td ate stm ent nso nve	sol in con	GB R	100 00 0.0 0 ,	2, 53 2.0 0	63 2, 28 7	100 .00	63 2, 28 7.3 0	0.2 3
GB P - BN P P ari bas Se itie s S ice s A / cur erv	bp han tbn g pss		42 0, 33 1.6 4	42 0, 33 1.6 4		0.0 0	42 0, 33 1.6 4	0.1 5
Str aig ht PL C	ln stt	GB R	1, 07 6, 00 0.0 0	1, 70 9, 95 0.0 0	3, 90 9, 76 0	9.3 6	36 5, 840 .00	0.1 3
ita l P IFR C LC ap	ifr ln	CY P	2, 95 0, 00 0.0 0	1, 98 2, 44 7.3 9	59 189 58 5 , ,	0.7 0	34 3, 59 4.0 1	0.1 2
im ite d P ref Sh DV 3 L s N PV ere nce are	ref DV 3 p	GB R	32 7, 43 8.0 0	40 .00		0.0 0	33 9, 75 2.9 4	0.1 2
Alt itu de Gr PL C ou p	dw l ln	GB R	2, 75 0, 00 0.0 0	96 0, 00 0.0 0	4, 91 6, 23 4	6.4 3	31 6, 25 0.0 0	0.1 1

PORTFOLIO INFORMATION REPORT (hant) - Hansa Trust Plc As at: 31 Dec 2013 All values in gbp equiv.

Name	Code	ISO Cty	Share Par Value		Market Capitalisation	$%$ of	Market Value	%NAV
				Book Cost		Shares
Camco Clean Energy PLC	cao ln	GBR	2,480,000.00	1,652,424.91	10,406,358	1.19	124,000.00 0.04
Cathay International Hldgs A SHS	cth ln	GBR	325,000.00	53,386.90	117,712,299	0.09	104,000.00 0.04
Work Group PLC	work ln	GBR	1,400,000.00	1,132,521.74	1,860,461	4.89	91,000.00 0.03
CAP-XX LTD	cpx ln	AUS	2,100,000.00	1,843,612.84	4,406,681	1.83	80,850.00 0.03
Minoan Group Plc	loy of	GBR	613,500.00	1,249,700.00	18,677,779	0.37	69,018.75 0.02
Hephaestus Holdings PLC	rts ln	GBR	15,100.00	1,484,124.23	233, 757, 653	0.02	56,625.00 0.02
Helesi PLC	hls ln	CYP	1,508,621.00	1,750,000.36	597,086	3.79	22,629.32 0.01
Ark Therapeutics Group PLC	akt ln	GBR	6,406,146.00	5,713,457.40	669,685	3.06	20,499.67 0.01
Kimberly Enterprises NV	eee ln	NLD	2,650,000.00	2,862,000.00	307,222	3.02	9,275.00 0.00
Superglass Holdings PLC	sh ln	GBR	20,013.00	3,364,997.85	11,202,715	0.07	8,005.20 0.00
DV3 Limited nominal shares NPV	DV3 nom	GBR	40.00	0.00		0.00		$0.00\ 0.00$
DV3 Limited ordinary shares NPV	DV3 ord	GBR	40.00	0.00		0.00		$0.00\ 0.00$
Acertec plc	acer ln	GBR	2,250,000.00	3,120,513.78		4.38		$0.00\ 0.00$
Diomed Holdings Inc	dio us	USA	1,654.00	197,935.80		0.01		$0.00\ 0.00$
DV4 Limited Ordinary Shares	dv4 ltd ord	GBR	49,995,000.00	0.00		0.00		$0.00\ 0.00$
Robotic Legacy GBp1	hep ln	GBR	151.00	0.00		0.00		$0.00\ 0.00$
Leadcom Integrated Solutions	lead it	ISR	5,500,000.00	161,150.00		4.55		$0.00\ 0.00$
GBP - Accrual	gbphantacc	GBR	$-663,503.20$	$-663,503.20$		0.00	$-663,503.20$ $-0.24$
GBP - BNP Paribas Securities Services A/	gbphantbnpss		$-1,000,000.00$	$-1,000,000.00$		0.00	$-1,001,036.94$ $-0.36$
GBP - BNP Paribas Securities Services A/	gbphantbnpss		$-1,800,000.00$	$-1,800,000.00$		0.00	$-1,802,436.14$ $-0.65$

277,830,580.00 100.00

161,305,783.06