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 January 2022		£45.02m
Net Assets - including current period revenue* at 31 January 2022		£45.02m
Number of shares in issue (excluding treasury):		50,648,424
The Net Asset Value (NAV) per share at 31 January 2022 was:
Per Ordinary share (bid price) - including current period revenue*		88.90p
Per Ordinary share (bid price) - excluding current period revenue*		88.40p
Ordinary share price		70.00p
Premium/(Discount) to NAV (including current period revenue)		(21.26%)
* Current period revenue covers the period 01/03/2021 to 31/01/2022 and includes undistributed revenue in respect of that period.
Portfolio summary:		% of portfolio
1	Cash and other net current assets	13.05%
2	Hargreaves Services Plc	10.44%
3	Volex Plc	10.16%
4	Real Good Food Plc (Loan Notes, including accrued interest)	9.77%
5	Flowtech Fluidpower Plc	8.01%
6	Ramsdens Holdings Plc	7.37%
7	DigitalBox plc	7.34%
8	Centaur Media Plc	6.99%
9	Fireangel Safety Technology Plc	6.45%
10	Adept Technology Group Plc	6.03%
11	Synectics Plc	3.84%
12	Tactus Holdings Limited	3.63%
13	Venture Life Group Plc	2.36%
14	Norman Broadbent Plc	1.10%
15	Real Good Food Company Plc	0.42%
	Other	3.04%
	Total	100.00%