Starvest PLC Net Asset Value at 21 March 2022 (5862F)

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RNS Number : 5862F

Starvest PLC

22 March 2022

Starvest Plc ("Starvest" or the "Company")

Net Asset Value at 21 March 2022

Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment company, announces a Net Asset Value ("NAV") update as at 21 March 2022, ahead of the Company's AGM later today.

The NAV as at 21 March 2022 and certain prior periods were as follows:

 
                            21 Mar 2022   31 Dec 2021     30 Sept 2021 
 Trading Portfolio Value     GBP13.1m      GBP13.7m         GBP14.0m 
 Company NAV                 GBP13.3m      GBP13.9m         GBP14.1m 
 NAV per Share              22.9 pence    24.0 pence       24.4 pence 
 Share price - mid          13.5 pence    15.5 pence           16.0 pence 
 Share price discount 
  to net asset value            41%           35%             34% 
 Market capitalisation        GBP7.9m       GBP9.0m         GBP9.3m

Portfolio holdings are valued using their closing market prices as of the date shown.

Starvest is a specialist mining and resource investment company and has the industry knowledge and market exposure to select compelling opportunities early in the investment cycle.

Investors are encouraged to view our RNS feed on the Starvest web site www.starvest.co.uk/announcements

Investors are also encouraged to follow and review the RNS and other news flows issued or otherwise disseminated by Greatland Gold plc, an investee company which constitutes a large portion of Starvest's trading portfolio value and whose share price can influence that of Starvest. www.greatlandgold.com/media/investor-news/

Callum N Baxter

Chairman & Chief Executive

22 March 2022

Enquiries to:

Starvest PLC

Callum Baxter or Gemma Cryan 02077 696 876 info@starvest.co.uk

Grant Thornton UK LLP (Nomad)

Colin Aaronson, Harrison Clarke or Ciara Donnelly 02073 835 100

SI Capital Ltd (Broker)

Nick Emerson or Alan Gunn 01483 413 500

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March 22, 2022 05:02 ET (09:02 GMT)

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