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 4 July 2022 were:-

Excluding current year Revenue = 1,340.42p

Including ALL Revenue = 1,368.89p

ASCOT has bank debt facilities available to allow gearing of up to 12.2% of Shareholders’ Funds.  Current gearing is 4.6%.  There are currently 86,731,924 Ordinary Shares of 1p in issue.

Contact: 

Michael Campbell

For and on behalf of Aberforth Partners LLP, Secretaries

Telephone: [phone]

5 July 2022