Herald Investment Trust Regulatory News (HRI)

HERALD INVESTMENT TRUST PLC

Legal Entity Identifier: 213800U7G1ROCTJYRR70

STATISTICS AND PERFORMANCE REPORT

At inception

At

Performance since

Performance

Performance

16 February

31 October

30 September

YTD (%)

since inception

1994

2024

2024 (%)

(%)

NAV per share (p) excl. accrued income

98.7

p*

2347.3

p

-0.1%

+5.8%

+2278.2%

NAV per share (p) incl. accrued income

98.7

p*

2351.6

p

-0.1%

+6.0%

+2463.0%

**

Deutsche Numis SC plus AIM (ex. Investment Co's) Index (capital gains)

1750.0

5497.7

-2.3%

+1.7%

+214.2%

Russell 2000 Technology Index (capital gains in Sterling terms)

673.8

***

4983.0

+2.2%

+8.2%

+639.5%

Share price

90.9

p****

2080.0

p

-0.2%

+8.2%

+2188.2%

Premium/(Discount) to NAV (excl accrued income) per share as at 31 October 2024

(11.4)%

UK Equity Portfolio as a % of Net Asset Value at 31 October 2024

37.2%

Overseas Equity Portfolio as a % of Net Asset Value at 31 October 2024

53.6%

Cash and Government Bonds as a % of Net Asset Value at 31 October 2024*****

9.2%

Number of Equity Holdings at 31 October 2024

313

* 100p was the subscription price before launch costs of 1.3p

** Total return (in percentage terms) on 98.7p invested at inception excluding warrants.

*** Value shown is from 31/03/1996, the date the funds were globalised.

**** 90.9p is CGT base subscription price for shareholders adjusting for warrants which were issued on a 1 for 5 basis.

***** The Company is not currently geared.

These figures are not audited

At 31 October 2024, the Net Asset Value of the Company including current year income was £1,226.4m (£1,224.2m excluding current year income).

Income is shown net of expenses.

As at 31 October 2024, there were 52,152,625 shares in issue.

This Report has been issued on behalf of Herald Investment Trust plc, and has been approved by Herald Investment Management Limited, its investment manager. Herald Investment Management Limited is authorised and regulated by the Financial Conduct Authority. Past performance is not a reliable indicator of future returns. Markets and currency movements may cause the value of shares, and the income from them, to fall as well as rise, and you may get back less than you invested when you decide to sell your shares.