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UK Select Trust Ld (UKT)

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Wednesday 03 June, 2009

UK Select Trust Ld

Interim Management Statement

RNS Number : 2805T
UK Select Trust Limited
03 June 2009
 

UK Select Trust Limited

Interim Management Statement for the quarter to 31 March 2009




31 March 

2009

31 December 2008

   % movement

Ordinary Shares




NAV (p)

99.6

106.97

(6.9)

Share Price (p)

83.5

86.25

(3.2)

Discount (%)

16.16

19.37

(16.5)  

Total net assets (£'000)

20,645

22,171

(6.9)





FTSE All-Share Index

1,984.17

2,209.29

(10.2)



Material Events

There have been no material events during the period from 31 December 2008 to 31 March 2009.



Material Transactions

A final dividend of 2.73p was declared by the Board of Directors on 19 March 2009 for the year ended 31 December 2008, payable on 8 May 2009.  Shares were marked ex-dividend on 25 March 2009 and the record date for the final dividend was 27 March 2009.



Top 10 Holdings

Company

% of net assets as at 31 March 2009

% of net assets as at 31 December 2008

Vodafone

8.32

7.27

Astrazeneca

6.77

7.74

Glaxosmithkline

6.77

7.15

BG 

6.49

4.38

BP

6.43

-

BHP Billiton

5.08

3.17

Great Eastern Energy

4.85

4.19

Berkeley GP

4.58

2.76

WPP

4.31

-

Venture Production

4.31

-



Gearing

On 19 December 2008, the revolving loan of £2,000,000 with Lloyds TSB Scotland Plc was repaid in full and prior to 31 December 2008, the loan facility was reduced from £5,200,000 to £2,000,000.  




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