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Miton Worldwide Growth Investment Trust NAV Up; Borrowings Unchanged

Fri, 06th Sep 2013 10:09

LONDON (Alliance News) - Miton Worldwide Growth Investment Trust PLC Friday said its net asset value per share, including all revenue reserves, increased to 161.35 pence from 157.77 pence in the three months ended 31 July.

In an interim management statement, the investment trust said its mid-market share price increased to 146.62 pence from 143.25 pence, while total assets after deducting borrowings stood at GBP40.79 million, up from GBP39.88 million.

Total borrowings remained unchanged at GBP1.0 million. Although the company has a committed GBP7m revolving credit facility with The Royal Bank of Scotland of which GBP1 million has been drawn down.

Miton shares were trading at 147.18 pence Friday morning, up 0.43 pence, or 0.3%.

By Anthony Tshibangu; anthonytshibangu@alliancenews.com; @AnthonyAllNews

Copyright 2013 Alliance News Limited. All Rights Reserved.

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