Downing Strate. Regulatory News (DSM)

Downing Strategic Micro-Cap Investment Trust Plc

The Company announces:

Total Assets (including unaudited revenue reserves at 29/03/2018) of £50.6m

Net Assets (including unaudited revenue reserves at 29/03/2018) of £50.71m

The Net Asset Value (NAV) at 29/03/2018 was:

Number of shares in issue:

Per Ordinary share (bid price) - including unaudited current period revenue*

91.2p

55,600,002

Per Ordinary share (bid price) - excluding current period revenue*

91.20p

Ordinary share price

92.70p

Premium to NAV

1.64

%

*Current period revenue covers the period 09/05/2017 to 29/03/2018

Name of company

% of portfolio

1

Cash

33.76%

2

Real Good Food Loan Notes

11.89%

3

Gama Aviation Plc Ordinary 1p

9.80%

4

Adept Telecom Plc Ordinary 10p

7.18%

5

Hargreaves Services Plc Ordinary 10p

6.83%

6

Redhall Group Plc Ordinary 0.01p

5.93%

7

Synectics Plc GBp 20

5.78%

8

Ramsdens Holdings Plc Ordinary

5.51%

9

Braemar Shipping Services Plc GBp 10

5.13%

10

Sprue Aegis Plc Ordinary 2p

3.50%

11

Science in Sport Plc

3.13%

12

Real Good Food Company Plc Ordinary 2p

1.57%

Total

100.00%