DSM: Net Asset Value(s)

Downing Strategic Micro-Cap Investment Trust Plc
LEI Code: 213800QMYPUW4POFFX69
Net Asset Values
The Company announces the following, all of which is unaudited:
Total Assets - including current period revenue* at 28 May 2021		£46.16m
Net Assets - including current period revenue* at 28 May 2021		£46.16m
Number of shares in issue (excluding treasury):		51,889,341
The Net Asset Value (NAV) per share at 28 May 2021 was:
Per Ordinary share (bid price) - including current period revenue*		88.95p
Per Ordinary share (bid price) - excluding current period revenue*		87.81p
Ordinary share price		77.75p
Premium/(Discount) to NAV (including current period revenue)		(12.59%)
* Current period revenue covers the period 01/03/2020 to 28/05/2021 and includes undistributed revenue in respect of that period.
Portfolio summary:		% of portfolio
1	Cash and other net current assets	17.42%
2	Volex Plc	13.19%
3	Real Good Food Plc (Loan Notes, including accrued interest)	9.03%
4	Hargreaves Services Plc	8.47%
5	Fireangel Safety Technology Plc	8.25%
6	Adept Technology Group Plc	7.91%
7	Flowtech Fluidpower Plc	6.68%
8	Ramsdens Holdings Plc	6.49%
9	Synectics Plc	5.41%
10	Venture Life Group Plc	4.64%
11	Tactus Holdings Limited	3.31%
12	DigitalBox plc	2.97%
13	Duke Royalty Ltd	2.44%
14	Real Good Food Company Plc	0.37%
	Other	3.42%
	Total	100.00%