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 31 August 2021		£48.15m
Net Assets - including current period revenue* at 31 August 2021		£48.15m
Number of shares in issue (excluding treasury):		51,369,341
The Net Asset Value (NAV) per share at 31 August 2021 was:
Per Ordinary share (bid price) - including current period revenue*		93.74p
Per Ordinary share (bid price) - excluding current period revenue*		93.56p
Ordinary share price		76.00p
Premium/(Discount) to NAV (including current period revenue)		(18.92%)
* Current period revenue covers the period 01/03/2021 to 31/08/2021 and includes undistributed revenue in respect of that period.
Portfolio summary:		% of portfolio
1	Volex Plc	17.13%
2	Cash and other net current assets	11.98%
3	Hargreaves Services Plc	11.70%
4	Real Good Food Plc (Loan Notes, including accrued interest)	8.83%
5	Flowtech Fluidpower Plc	7.26%
6	Ramsdens Holdings Plc	7.17%
7	Fireangel Safety Technology Plc	7.08%
8	Adept Technology Group Plc	6.77%
9	Venture Life Group Plc	4.38%
10	Synectics Plc	4.19%
11	Tactus Holdings Limited	3.39%
12	Duke Royalty Ltd	2.96%
13	DigitalBox plc	2.70%
14	Real Good Food Company Plc	0.26%
	Other	4.20%
	Total	100.00%