Net Asset Value

Glasgow Income Trust PLC 16 November 2001 The Net Asset Value as at close of business on 15 November 2001, of the investment trust managed by Glasgow Investment Managers, was as follows: Glasgow Income Trust plc 73.2p Daily NAVs ceased to be announced on 1 October 2001 due to stockmarket volatility and difficulties in obtaining timeous pricing of hedging positions. However, it is the intention to resume regular NAV announcements for the above company on a weekly basis.
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