Starvest PLC Net asset value update at 8 December 2015 (5082I)
December 09 2015 - 5:51AM
UK Regulatory
TIDMSVE
RNS Number : 5082I
Starvest PLC
09 December 2015
Wednesday 9 December 2015
Starvest Plc ("Starvest" or "the Company")
Net asset value update at 8 December 2015
In advance of the Company's annual general meeting to be held on
Thursday 10 December, the Company announces the net asset value as
at the close of business on 8 December 2015 as follows:
8 December 30 September 30 December 31 December
2015 2015 2014 2013
Trading portfolio GBP1.13m GBP1.04m GBP1.60m GBP1.95m
value
Company net asset GBP1.15m GBP1.14m GBP1.80m GBP2.36m
value
Net asset value 3.09 3.09 4.85 6.35
per share pence pence pence pence
Share price - 2.50 2.75 4.38 3.88
mid pence pence pence pence
Share price discount
to net asset
value 19% 11% 10% 39%
Market capitalisation GBP0.93m GBP1.02m GBP1.62m GBP1.44m
All valuations are based on the closing market bid prices or, if
lower, directors' valuation as described in the 2014 annual report.
The discounts applied to bid prices at 8 December 2015 totalled
GBP243,892 (30 September 2015: GBP241,750).
The Company's website, www.starvest.co.uk, has further details
of the portfolio.
Disclosures for the Annual General Meeting 10 December 2015
In accordance with the Disclosure and Transparency Rules, the
Company advises that for the purpose of the Annual General Meeting
today, the Chairman, Callum Newton Baxter, will hold discretionary
proxies for each resolution. Therefore, the Chairman's total
interest to be disclosed is as follows:
Resolution For Against
Resolution 12,002,552 Nil
1
Resolution
2 12,002,552 24,000
Resolution
3 12,017,552 24,000
Resolution
4 12,017,552 24,000
Resolution 11,986,838 Nil
5
Resolution 11,986,838 Nil
6
At the conclusion of the meeting, the Chairman's interest will
revert to zero.
Callum N Baxter
Chairman & Chief Executive
9 December 2015
Enquiries to:
Callum Baxter, Chairman callum@starvest.co.uk or John Watkins,
Finance Director 07768 512404; john@starvest.co.uk
Colin Aaronson or Harrison Clarke - Grant Thornton UK LLP 020
7383 5100.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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