Dunedin Enterprise Inv Trust PLC 1st Quarter Results
15 May 2024 - 10:17PM
RNS Regulatory News
RNS Number : 5849O
Dunedin Enterprise Inv Trust PLC
15 May 2024
Dunedin Enterprise Investment Trust PLC
LEI:
213800E2VLUZ5AF9Z434
Date: 15 May 2024
1. Unaudited net asset
value per share
The unaudited net asset value per
share at 31 March 2024 was 623.5p. This
is stated after payment of a dividend of 10p per share on 19
January 2024. This compares to the
net asset value per share of 624.8p as at 31 December 2023.
2. Share
price
The share price has increased by
from 510.5p
to 492.5p in the
quarter to 31 March 2024. The share price total return for the
quarter to 31 March 2024 was -1.6%. This compares to a
decrease in the FTSE Small Cap Index of 1.5% over the same period.
The discount to net asset value at 31 March 2024 was
21.0%.
3. Balance
Sheet
The unaudited balance sheet as at 31
March 2024 is noted below: -
|
£'m
|
Investments: -
|
|
Dunedin managed
|
4.6
|
Third party managed
|
3.2
|
|
7.8
|
|
|
Cash and near cash
|
26.0
|
Other assets
|
0.5
|
|
|
Total net assets
|
34.3
|
|
|
Net asset value per share
(p)
|
623.5p
|
4. Net asset value
movements
The portfolio of investments has
been re-valued at 31 March 2024. There were no significant
valuation movements in the quarter.
5. Cash and
Commitments
Dunedin Enterprise had cash and near
cash balances of £26.0m at 31 March 2024. Outstanding capital commitments to
limited partnership funds are £7.6m.
6.
Dividend
A dividend of 10.0p per share was
paid to shareholders on 19 January 2024.
For further information on Dunedin
Enterprise please go to www.dunedinenterprise.com
END
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