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 28 August 2020		£36.69m
Net Assets (including unaudited revenue reserves) at 28 August 2020		£36.69m
Number of shares in issue (excluding treasury):		54,467,002
The Net Asset Value (NAV) per share at 28 August 2020 was:
Per Ordinary share (bid price) - including unaudited current period revenue *		67.36p
Per Ordinary share (bid price) - excluding current period revenue *		66.73p
Ordinary share price		51.00p
Premium/(Discount) to NAV (including current period revenue)		(24.29%)
* Current period revenue covers the period 01/03/2020 to 28/08/2020
Portolio summary:		% of portfolio
1	Cash and other net current assets	24.66%
2	Real Good Food Plc (Loan Notes)	18.82%
3	Volex Plc	15.65%
4	Adept Technology Group Plc	7.23%
5	Synectics Plc	6.55%
6	Hargreaves Services Plc	5.94%
7	Ramsdens Holdings Plc	5.87%
8	Fireangel Safety Technology Plc	5.23%
9	Duke Royalty Ltd	3.51%
10	Science in Sport Plc	1.39%
11	Pennant International Group Plc	0.76%
12	Real Good Food Company Plc	0.65%
	Other	3.74%
	Total	100.00%