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UK Select Trust Ld (UKT)

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Friday 14 November, 2008

UK Select Trust Ld

Interim Management Statement

RNS Number : 1983I
UK Select Trust Limited
14 November 2008
 

UK Select Trust Limited

Interim Management Statement for the quarter to 30 September 2008



30 September 

2008

30 June    2008

% movement

Ordinary Shares




NAV (p)

127.51p

151.38p

(15.77)

Share Price (p)

111.00p

132.50p

(16.23)

Discount (%)

12.95%

12.47%

3.85

Total net assets (£'000)

26,345

31,277

(15.44)





FTSE All-Share Index

2,444.58

2,812.59

(13.08)



Material Events

There have been no material events during the period from 30 June 2008 to 30 September 2008.



Material Transactions

There have been no material events during the period from 30 June 2008 to 30 September 2008.


Top 10 Holdings

Company

% of net assets as at 30 September 2008

% of net assets as at 30 June 2008

BP Plc

6.61

6.62

Royal Dutch Shell

5.68

6.77

Royal Bank of Scotland Group

5.46

2.34

Astrazeneca

5.27

5.53

HSBC Holdings

5.16

-

Glaxosmithkline

4.89

4.10

Great Eastern Energy

4.05

3.64

Barclays

3.74

-

Xstrata

3.44

-

Imperial Tobacco

3.24

1.13



Gearing

There have been no material changes in the level of gearing exercised by the Company for the period from 30 June 2008 to 30 September 2008. 


The gearing is by way of a revolving loan of £2,000,000 from Lloyds TSB Scotland Plc. The loan was renewed on 19 September 2008 for three months and is due for renewal on 19 December 2008.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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