Interim Management Statement

RNS Number : 7521G

Rights and Issues Inv Trust PLC

17 May 2011

 



Interim Management Statement

Rights and Issues Investment Trust PLC today issues its first interim management statement for 2011 covering the four months to 30^th April 2011.

As has already been published, the unaudited net asset values at 30th April 2011 were:

25p Capital Shares                   3507.8p           (3105.7p at the 31st December 2010)

25p Income Shares                   823.9p             (752.9p at the 31st December 2010)

The UK equity market made modest gains in the first four months of 2010 with the FTSE All Share Index rising by 2.0%. Smaller companies fared slightly better with rises of 2.6% for the FTSE Small Cap Index and 5.5% for the FTSE Fledgling Index. After the strong performance of 2010, the Trust has continued to make progress with total group equity funds rising by 12.0% to £78m as at 30^th April.

For further information:

Simon Knott  020-7415-4130

17 May 2011

 

END

 

 

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