Interim Management Statement

RNS Number : 1744V

Rights and Issues Inv Trust PLC

23 May 2008

 



Interim Management Statement

Rights and Issues Investment Trust PLC today issues its first interim management statement covering the four months to 30th April 2008.

As has already been published, the unaudited net asset values at 30th April 2008 were:

25p Capital Shares          3076.8p      (3342.1p at the 31st December 2007) 

25p Income Shares          778.7p        (851.4p at the 31st December 2007)

Equity markets have been weak so far this year with a fall of 5.7% by the FTSE All Share Index. Smaller companies enjoyed a modest relative rally in the first two months but were followed by poor relative performance in both March and April. The Trust has been impacted by these trends and total group equity declined by 8.1% to £69.8m. This compares to falls of 7.8% for the FTSE Small Cap Index and 7.0% for the FTSE Fledgling Index.

For further information:

Simon Knott  020-7415-4130

23 May 2008

 

END

 

 

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