Net Asset Value(s)

Chelverton UK Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 30/11/2018) of £58.36m
Net Assets (including unaudited revenue reserves at 30/11/2018) of £43.31m
The Net Asset Value (NAV) at 30/11/2018 was:
				Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*			207.72p	20850000
Per Ordinary share (bid price) - excluding current period revenue*			201.48p
Ordinary share price			194.00p
Premium / (Discount) to NAV			(6.60)%
Ordinary shares have an undated life
ZDP share			103.80p	14500000
ZDP share price			109.50p
Premium to NAV			5.49%
ZDP shares are held in a subsidiary and have a redemption date of 30/04/2025
*Current period revenue covers the period 01/05/2018 to 30/11/2018
	Name of company			% of portfolio
1	Diversified Gas & Oil Plc Ordinary 1p			3.68
2	Randall & Quilter Investment GBp2			2.54
3	Marston's Plc Ordinary 7.375p			2.48
4	Mucklow (A&J) Group Plc REIT 25p			2.21
5	Dairy Crest Group Plc Ordinary 25p			2.19
6	De La Rue Plc Ordinary 44.868p			2.01
7	Castings Plc Ordinary 10p			1.91
8	Shoe Zone (Holdings) Limited Ordinary 1p			1.91
9	Jarvis Securities Plc Ordinary 1p			1.88
10	Galliford Try Plc Ordinary 50p			1.87
11	BCA Marketplace Plc 1p			1.87
12	Alumasc Group (The) Plc Ordinary 12.5p			1.83
13	DFS Furniture Plc Ordinary			1.82
14	Belvoir Lettings Plc Ordinary			1.81
15	Go-Ahead Group Plc Ordinary 10p			1.80
16	Bloomsbury Publishing Plc Ordinary 1.25p			1.76
17	Photo-Me International Plc Ordinary 0.5p			1.74
18	UP Global Sourcing Holdings Plc Ordinary			1.74
19	Park Group Plc Ordinary 2p			1.73
20	Strix Group Plc GBp 1			1.69