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 30 September 2020		£35.92m
Net Assets (including unaudited revenue reserves) at 30 September 2020		£35.92m
Number of shares in issue (excluding treasury):		54,467,002
The Net Asset Value (NAV) per share at 30 September 2020 was:
Per Ordinary share (bid price) - including unaudited current period revenue *		65.96p
Per Ordinary share (bid price) - excluding current period revenue *		65.26p
Ordinary share price		47.00p
Premium/(Discount) to NAV (including current period revenue)		(28.74%)
* Current period revenue covers the period 01/03/2020 to 30/09/2020
Portolio summary:		% of portfolio
1	Cash and other net current assets	25.86%
2	Real Good Food Plc (Loan Notes)	19.22%
3	Volex Plc	14.99%
4	Adept Technology Group Plc	7.20%
5	Hargreaves Services Plc	6.01%
6	Synectics Plc	5.62%
7	Ramsdens Holdings Plc	5.20%
8	Fireangel Safety Technology Plc	5.12%
9	Duke Royalty Ltd	2.87%
10	Science in Sport Plc	1.76%
11	Pennant International Group Plc	0.83%
12	Real Good Food Company Plc	0.59%
	Other	4.73%
	Total	100.00%