UTILICO EMERGING MARKETS TRUST PLC

Net Asset Value • Sep 27, 2021

National Storage Mechanism | Additional information

RNS Number : 0896N

Utilico Emerging Markets Trust PLC

27 September 2021

Below is shown the net asset value per share for

Utilico Emerging Markets Trust PLC at  24 September 2021:

LEI Number 2138005TJMCWR2394O39

NAV per share (at bid market values) in Pound sterling with prior charges at nominal value:

Ordinary Shares

Net Asset Value: Ex - income   245.15p

Net Asset Value: Cum - income   248.92p

Following the change to the investment management fee arrangements announced earlier this year, the Board has reviewed the allocation of costs between revenue and capital ahead of preparation of the Company's half yearly report.  In light of the removal of the performance fee, which was previously allocated 100% to capital, the Board has decided that management fees, company secretarial fees, research fees and finance costs, which were previously allocated 70% to capital and 30% to revenue, should be allocated 80% to capital and 20% to revenue with effect from the start of the current financial year.  The Company's daily NAV announcements will therefore reflect this new allocation and it has been used in the ex-income NAV above.  The change will have no effect on the cum income NAV.

Ordinary Shares - Listing Category: Premium - Equity Closed-ended Investment Funds

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