Statistics and Performance Report

Summary by AI ^BETAClose X

Herald Investment Trust PLC reported a Net Asset Value (NAV) per share of 2698.4 pence excluding accrued income and 2697.0 pence including accrued income as of March 31, 2026. The trust experienced a performance of -2.4% for the month ending February 28, 2026, and -0.1% year-to-date. Over its lifetime, the NAV per share has grown by an impressive +2633.9% excluding accrued income and +2844.9% on a total return basis. The share price stood at 2415.0 pence as of March 31, 2026, representing a discount of 10.5% to the NAV per share excluding accrued income. The portfolio comprised 16.4% UK equities, 57.2% overseas equities, and 26.4% cash and government bonds, with a total of 255 equity holdings. The total Net Asset Value of the company was £1,290.7 million including current year income.

Disclaimer*

Herald Investment Trust PLC

22 April 2026

HERALD INVESTMENT TRUST PLC
Legal Entity Identifier: 213800U7G1ROCTJYRR70
STATISTICS AND PERFORMANCE REPORT

	At inception		At		Performance since	Performance	Performance
	16 February		31 March		28 February	YTD (%)	since inception
	1994		2026		2026 (%)		(%)
NAV per share (p) excl. accrued income (capital gains)	98.7	p*	2698.4	p	-2.4%	-0.1%	+2633.9%
NAV per share (p) incl. accrued income (capital gains)	98.7	p*	2697.0	p	-2.4%	-0.1%
NAV per share (p) incl. accrued income (total return)							+2844.9%	**
Deutsche Numis SC plus AIM (ex. Investment Co's) Index (capital gains)	1750.0		5540.2		-11.9%	-7.1%	+216.6%
Russell 2000 Technology Index (capital gains in Sterling terms)	673.8	***	5394.3		-5.2%	-6.3%	+700.6%
Share price	90.9	p****	2415.0	p	-5.5%	+0.4%	+2556.8%
Premium/(Discount) to NAV (excl accrued income) per share as at 31 March 2026							(10.5)%
UK Equity Portfolio as a % of Net Asset Value at 31 March 2026							16.4%
Overseas Equity Portfolio as a % of Net Asset Value at 31 March 2026							57.2%
Cash and Government Bonds as a % of Net Asset Value at 31 March 2026*****							26.4%
Number of Equity Holdings at 31 March 2026							255

* 100p was the subscription price before launch costs of 1.3p
** Total return (in percentage terms) on 98.7p invested at inception excluding warrants.
*** Value shown is from 31/03/1996, the date the Company was globalised.
**** 90.9p is CGT base subscription price for shareholders adjusting for warrants which were issued on a 1 for 5 basis.
***** The Company is not currently geared.


These figures are not audited

At 31 March 2026, the Net Asset Value of the Company including current year income was £1,290.7m (£1,291.4m excluding current year income).
Income is shown net of expenses.
As at 31 March 2026, there were 47,858,467 shares in issue.

This Report has been issued on behalf of Herald Investment Trust plc, and has been approved by Herald Investment Management Limited, its investment manager. Herald Investment Management Limited is authorised and regulated by the Financial Conduct Authority. Past performance is not a reliable indicator of future returns. Markets and currency movements may cause the value of shares, and the income from them, to fall as well as rise, and you may get back less than you invested when you decide to sell your shares.

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