Net Asset Value(s)

Aberforth Smaller Companies Trust plc (“ASCOT”)

The Net Asset Values (“NAVs”) per Ordinary Share for the above company as at the close of business on 7 September 2020 were:-

Excluding current year Revenue = 1,015.12p

Including ALL Revenue = 1,011.95p

ASCOT has bank debt facilities available to allow gearing of up to 16.7% of Shareholders’ Funds.  Current gearing is 6.3%.  There are currently 89,103,066 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: [phone]

8 September 2020