Net Asset Value(s)

Chelverton UK Dividend Trust PLC
The Company announces:
Total Assets (including unaudited revenue reserves at 31/10/2018) of £59.4m
Net Assets (including unaudited revenue reserves at 31/10/2018) of £44.4m
The Net Asset Value (NAV) at 31/10/2018 was:
				Number of shares in issue:
Per Ordinary share (bid price) - including unaudited current period revenue*			212.95p	20850000
Per Ordinary share (bid price) - excluding current period revenue*			208p
Ordinary share price			209.00p
Premium / (Discount) to NAV			(1.86)%
Ordinary shares have an undated life
ZDP share			103.47p	14500000
ZDP share price			108.00p
Premium to NAV			4.38%
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 31/10/2018
	Name of company			% of portfolio
1	Diversified Gas & Oil Plc Ordinary 1p			3.98
2	Randall & Quilter Investment GBp2			2.64
3	Marston's Plc Ordinary 7.375p			2.38
4	Galliford Try Plc Ordinary 50p			2.24
5	Dairy Crest Group Plc Ordinary 25p			2.23
6	Mucklow (A&J) Group Plc REIT 25p			2.19
7	BCA Marketplace Plc 1p			2.06
8	De La Rue Plc Ordinary 44.868p			2.04
9	Belvoir Lettings Plc Ordinary			1.95
10	Kier Group PLC Ordinary 1p			1.87
11	Alumasc Group (The) Plc Ordinary 12.5p			1.83
12	Shoe Zone (Holdings) Limited Ordinary 1p			1.79
13	Castings Plc Ordinary 10p			1.78
14	Strix Group Plc GBp 1			1.78
15	DFS Furniture Plc Ordinary			1.78
15	Polar Capital Holdings Plc GBp 2.5			1.78
17	Photo-Me International Plc Ordinary 0.5p			1.73
18	Park Group Plc Ordinary 2p			1.73
19	Personal Group Holdings Plc Ordinary 5p			1.72
20	Jarvis Securities Plc Ordinary 1p			1.68