Net Asset Value(s)

Downing Strategic Micro-Cap Investment Trust Plc
LEI Code: 213800QMYPUW4POFFX69
Net Asset Value
The Company announces:
Total Assets (including unaudited revenue reserves) at 31 July 2020		£34.47m
Net Assets (including unaudited revenue reserves) at 31 July 2020		£34.47m
Number of shares in issue (excluding treasury):		54,467,002
The Net Asset Value (NAV) per share at 31 July 2020 was:
Per Ordinary share (bid price) - including unaudited current period revenue *		63.29p
Per Ordinary share (bid price) - excluding current period revenue *		62.84p
Ordinary share price		46.00p
Premium/(Discount) to NAV (including current period revenue)		(27.32%)
* Current period revenue covers the period 01/03/2020 to 31/07/2020
Portolio summary:		% of portfolio
1	Cash and other net current assets	22.54%
2	Real Good Food Plc (Loan Notes)	20.03%
3	Volex Plc	15.25%
4	Adept Technology Group Plc	7.70%
5	Synectics Plc	6.97%
6	Hargreaves Services Plc	6.38%
7	Ramsdens Holdings Plc	5.92%
8	Fireangel Safety Technology Plc	5.34%
9	Duke Royalty Ltd	2.76%
10	Science in Sport Plc	1.63%
11	Pennant International Group Plc	1.02%
12	Real Good Food Company Plc	0.69%
	Other	3.77%
	Total	100.00%