Information  X 
Enter a valid email address

UK Select Trust Ld (UKT)

  Print      Mail a friend

Monday 24 May, 2010

UK Select Trust Ld

Interim Management Statement

RNS Number : 4072M
UK Select Trust Limited
24 May 2010
 

UK Select Trust Limited

Interim Management Statement for the Quarter to 31 March 2010

 

 


31 March

2010

31 December 2009

               % movement

Ordinary Shares




NAV (p)

156.73p

149.84p

4.6%

Share Price (p)

131.00p

128.25p

2.1%

Discount (%)

16.4%

14.4%

13.9%

Total net assets (£'000)

£32,093

£30,832

4.1%





FTSE All-Share Index

2,910.19

2,760.80

5.4%

 

 

Material Events

There have been no material events during the period from 31 December 2009 to 31 March 2010.

 

 

Material Transactions

A second interim dividend of 2.85p per share was declared by the Board of Directors on 31 March 2010 for the year ended 31 December 2009, payable on 28 May 2010.  Shares were marked ex-dividend on 7 April 2010 and the record date for the second interim dividend was 9 April 2010.

 

 

Top 10 Holdings

Company

% of net assets as at 31 March 2010

% of net assets as at 31 December 2009

BP

6.33%

4.69%

Xstrata

6.17%

5.30%

KSK Power Ventur

5.67%

6.20%

Glaxosmithkline

5.57%

6.05%

British American Tobacco

5.54%

2.97%

Lloyds Banking Group

5.13%

-

Rio Tinto

4.80%

3.00%

Astrazeneca

4.76%

4.86%

BG Group

4.72%

2.97%

Royal Dutch Shell

4.40%

3.99%

 

 

Gearing

Although the Company has a borrowing facility of £2,000,000, it did not utilise any borrowings during the period from 31 December 2009 to 31 March 2010. 

 

 

 

 

Enquiries:

 

Secretary

Kleinwort Benson (Channel Islands) Fund Services Limited

Telephone 01481 727111

 

 


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