Chelverton UK Dividend Trust plc: NAV-Net Asset Value(s)

Chelverton UK Dividend Trust PLC

Net asset values announced for the Company during November 2022 used the bid price per ordinary share as the basis of calculation.  For future announcements calculations will revert to being based on the last price per ordinary share rather than the bid price.

The Company announces:

Total Assets (including unaudited revenue reserves at 02/12/2022) of £53.43m

Net Assets (including unaudited revenue reserves at 02/12/2022) of £35.84m

The Net Asset Value (NAV) at 02/12/2022 was:

Number of shares in issue:

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

171.90p

20,850,000.00

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

167.12p

Ordinary share price

176.00p

Premium / (Discount) to NAV

2.38%

Ordinary shares have an undated life

ZDP share

121.28p

14,500,000.00

ZDP share price

117.50p

Premium / (Discount) to NAV

(3.12)%

ZDP shares are held in a subsidiary and have a redemption date of 30/04/2025

*Current period revenue covers the period 01/05/2022 to 02/12/2022