DSM: Net Asset Value(s)

Downing Strategic Micro-Cap Investment Trust Plc
LEI Code: 213800QMYPUW4POFFX69
Net Asset Values
The Company announces the following, all of which is unaudited:
Total Assets - including current period revenue* at 30 November 2021		£43.00m
Net Assets - including current period revenue* at 30 November 2021		£43.00m
Number of shares in issue (excluding treasury):		51,065,681
The Net Asset Value (NAV) per share at 30 November 2021 was:
Per Ordinary share (bid price) - including current period revenue*		84.21p
Per Ordinary share (bid price) - excluding current period revenue*		83.73p
Ordinary share price		75.50p
Premium/(Discount) to NAV (including current period revenue)		(10.34%)
* Current period revenue covers the period 01/03/2021 to 30/11/2021 and includes undistributed revenue in respect of that period.
Portfolio summary:		% of portfolio
1	Volex Plc	15.47%
2	Hargreaves Services Plc	10.23%
3	Real Good Food Plc (Loan Notes, including accrued interest)	10.09%
4	Cash and other net current assets	9.19%
5	Flowtech Fluidpower Plc	8.39%
6	Centaur Media Plc	7.95%
7	Ramsdens Holdings Plc	6.92%
8	Fireangel Safety Technology Plc	6.06%
9	Adept Technology Group Plc	5.34%
10	Synectics Plc	4.69%
11	Tactus Holdings Limited	3.80%
12	DigitalBox plc	3.76%
13	Venture Life Group Plc	2.86%
14	Duke Royalty Ltd	2.30%
15	Real Good Food Company Plc	0.38%
	Other	2.57%
	Total	100.00%