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 September 2022		£34.92m
Net Assets - including current period revenue* at 30 September 2022		£34.92m
Number of shares in issue (excluding treasury):		49,519,882
The Net Asset Value (NAV) per share at 30 September 2022 was:
Per Ordinary share (bid price) - including current period revenue*		70.51p
Per Ordinary share (bid price) - excluding current period revenue*		70.51p
Ordinary share price		51.90p
Premium/(Discount) to NAV (including current period revenue)		(26.39%)
* Current period revenue covers the period 01/03/2022 to 30/09/2022 and includes undistributed revenue in respect of that period.
Portfolio summary:		% of portfolio
1	Cash and other net current assets	14.83%
2	Real Good Food Plc (Loan Notes, including accrued interest)	11.87%
3	Flowtech Fluidpower Plc	8.34%
4	Centaur Media Plc	8.06%
5	Hargreaves Services Plc	7.53%
6	Volex Plc	6.48%
7	Ramsdens Holdings Plc	6.27%
8	DigitalBox plc	5.60%
9	Synectics Plc	5.50%
10	Tactus Holdings Limited	4.67%
11	Fireangel Safety Technology Plc	4.42%
12	Equals Group Plc	4.28%
13	National World Plc	4.12%
14	Adept Technology Group Plc	3.71%
15	Theworks.co.uk Plc	1.95%
16	Norman Broadbent Plc	1.44%
17	Real Good Food Company Plc	0.19%
	Other	0.74%
	Total	100.00%