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 October 2020		£36.55m
Net Assets (including unaudited revenue reserves) at 30 October 2020		£36.55m
Number of shares in issue (excluding treasury):		54,303,438
The Net Asset Value (NAV) per share at 30 October 2020 was:
Per Ordinary share (bid price) - including unaudited current period revenue *		67.30p
Per Ordinary share (bid price) - excluding current period revenue *		66.66p
Ordinary share price		56.50p
Premium/(Discount) to NAV (including current period revenue)		(16.05%)
* Current period revenue covers the period 01/03/2020 to 30/10/2020
Portolio summary:		% of portfolio
1	Volex Plc	19.08%
2	Cash and other net current assets	19.08%
3	Real Good Food Plc (Loan Notes)	18.90%
4	Adept Technology Group Plc	7.01%
5	Hargreaves Services Plc	5.73%
6	Ramsdens Holdings Plc	5.34%
7	Synectics Plc	4.99%
8	Fireangel Safety Technology Plc	4.62%
9	DigitalBox plc	3.85%
10	Duke Royalty Ltd	2.56%
11	Science in Sport Plc	1.41%
12	Real Good Food Company Plc	0.68%
13	Pennant International Group Plc	0.28%
	Other	6.47%
	Total	100.00%