Net Asset Value at 21 March 2022

RNS Number : 5862F

Starvest PLC

22 March 2022

 

22 March 2022

Starvest Plc ("Starvest" or the "Company")

Net Asset Value at 21 March 2022

Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment company, announces a Net Asset Value ("NAV") update as at 21 March 2022, ahead of the Company's AGM later today.

The NAV as at 21 March 2022 and certain prior periods were as follows:

	21 Mar 2022	31 Dec 2021	30 Sept 2021
Trading Portfolio Value	£13.1m	£13.7m	£14.0m
Company NAV	£13.3m	£13.9m	£14.1m
NAV per Share	22.9 pence	24.0 pence	24.4 pence
Share price - mid	13.5 pence	15.5 pence	16.0 pence
Share price discount to net asset value	41%	35%	34%
Market capitalisation	£7.9m	£9.0m	£9.3m

Portfolio holdings are valued using their closing market prices as of the date shown.

Starvest is a specialist mining and resource investment company and has the industry knowledge and market exposure to select compelling opportunities early in the investment cycle.

Investors are encouraged to view our RNS feed on the Starvest web site www.starvest.co.uk/announcements

Investors are also encouraged to follow and review the RNS and other news flows issued or otherwise disseminated by Greatland Gold plc, an investee company which constitutes a large portion of Starvest's trading portfolio value and whose share price can influence that of Starvest. www.greatlandgold.com/media/investor-news/

Callum N Baxter

Chairman & Chief Executive

22 March 2022

Enquiries to:

Starvest PLC

Callum Baxter or Gemma Cryan  02077 696 876  [e-mail]

Grant Thornton UK LLP (Nomad)

Colin Aaronson, Harrison Clarke or Ciara Donnelly 02073 835 100

SI Capital Ltd (Broker)

Nick Emerson or Alan Gunn  01483 413 500 

 

END

 

 

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