Downing Strate. Regulatory News (DSM)

Downing Strategic Micro-Cap Investment Trust Plc

The Company announces:

Total Assets (including unaudited revenue reserves at 31/05/2019) of £42.63m

Net Assets (including unaudited revenue reserves at 31/05/2019) of £42.63m

The Net Asset Value (NAV) at 31/05/2019 was:

Number of shares in issue:

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

77.14p

55,265,002

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

75.50p

Ordinary share price

69.25p

Premium/(Discount) to NAV

(10.23)

%

*Current period revenue covers the period 01/03/2018 to 31/05/2019

Name of company

% of portfolio

1

Real Good Food Loan Notes

16.91%

2

Volex Plc Ordinary 25p

14.20%

3

Cash

12.27%

4

Adept Technology Group Plc 10p

9.58%

5

Synectics Plc GBp 20

8.34%

6

Fireangel Safety Technology GBp2

6.69%

7

Ramsdens Holdings Plc Ordinary

6.20%

8

Hargreaves Services Plc Ordinary 10p

5.41%

9

Duke Royalty Ltd Common NPV

4.94%

10

Braemar Shipping Services Plc GBp 10

4.92%

11

Gama Aviation Plc Ordinary 1p

4.11%

12

Science in Sport Plc

2.61%

13

Pennant International Group Plc Ordinary 5p

2.34%

14

Redhall 12.5% Loan Note 01/10/2019

0.82%

15

Real Good Food Company Plc Ordinary 2p

0.65%

16

Redhall Group Plc Ordinary 0.01p

0.00%

Total

100.00%