Statistics and Performance Report

Herald Investment Trust PLC

11 October 2023

 

HERALD INVESTMENT TRUST PLC

Legal Entity Identifier: 213800U7G1ROCTJYRR70

STATISTICS AND PERFORMANCE REPORT

	At inception 16 February 1994	At 29 September 2023	Performance since 31 August 2023 (%)	Performance YTD (%)	Performance since inception (%)
NAV per share (p) excl. accrued income	98.7 p*	2029.0 p	-2.0%	-3.3%	+1955.8%
NAV per share (p) incl. accrued income	98.7 p*	2034.6 p	-2.0%	-3.1%	+2115.4% **
Numis SC + AIM ex. Investment Co's Index (capital gains)	1750.0	5090.4	-1.9%	-5.9%	+190.9%
Russell 2000 Technology Index (capital gains in Sterling terms)	673.8 ***	4233.8	-4.4%	+11.0%	+528.4%
Share price	90.9 p****	1714.0 p	-3.2%	-3.8%	+1785.6%
Premium/(Discount) to NAV (excl accrued income) per share as at 29 September 2023					(15.5)%
UK Equity Portfolio as a % of Net Asset Value at 29 September 2023					41.6%
Overseas Equity Portfolio as a % of Net Asset Value at 29 September 2023					49.4%
Cash and Government Bonds as a % of Net Asset Value at 29 September 2023*****					9.0%
Number of Equity Holdings at 29 September 2023					333

* 100p was the subscription price before launch costs of 1.3p

** Total return (in percentage terms) on 98.7p invested at inception excluding warrants.

*** Value shown is from 31/03/1996, the date the funds were globalised.

**** 90.9p is CGT base subscription price for shareholders adjusting for warrants which were issued on a 1 for 5 basis.

***** The Company is not currently geared.

These figures are not audited

At 29 September 2023, the Net Asset Value of the Company including current year income was £1,175.9m (£1,172.7m excluding current year income). Income is shown net of expenses. There are 57,796,827 shares currently in issue.

This Report has been issued on behalf of Herald  Investment  Trust plc, and  has  been  approved  by  Herald  Investment Management Limited, its investment manager. Herald Investment  Management Limited is authorised and regulated by the Financial Conduct Authority. Past performance is not a reliable indicator of future returns. Markets and currency movements may cause the value of shares, and the income from them, to fall as well as rise, and you may get back less than you invested when you decide to sell your shares.

 

END