Net Asset Value(s)

Downing Strategic Micro-Cap Investment Trust Plc
LEI Code: 213800QMYPUW4POFFX69
Net Asset Value
The Company announces:
Total Assets (including unaudited revenue reserves) at 29 January 2021		£40.98m
Net Assets (including unaudited revenue reserves) at 29 January 2021		£40.98m
Number of shares in issue (excluding treasury):		52,416,513
The Net Asset Value (NAV) per share at 29 January 2021 was:
Per Ordinary share (bid price) - including unaudited current period revenue *		78.19p
Per Ordinary share (bid price) - excluding current period revenue *		77.33p
Ordinary share price		63.50p
Premium/(Discount) to NAV (including current period revenue)		(18.79%)
* Current period revenue covers the period 01/03/2020 to 29/01/2021
Portolio summary:		% of portfolio
1	Real Good Food Plc (Loan Notes)	16.85%
2	Volex Plc	16.62%
3	Cash and other net current assets	14.57%
4	Adept Technology Group Plc	7.40%
5	Hargreaves Services Plc	7.05%
6	Fireangel Safety Technology Plc	7.04%
7	Ramsdens Holdings Plc	6.09%
8	Synectics Plc	5.16%
9	Venture Life Group Plc	5.05%
10	Flowtech Fluidpower Plc	3.99%
11	DigitalBox plc	3.59%
12	Duke Royalty Ltd	2.86%
13	Real Good Food Company Plc	0.39%
	Other	3.34%
	Total	100.00%