Interim Management Statement

RNS Number : 8630H

Rights and Issues Inv Trust PLC

22 May 2014

 



Interim Management Statement

Rights and Issues Investment Trust PLC today issues its first interim management statement for 2014 covering the four months to 30^th April 2014.

As has already been published, the unaudited net asset values at 30th April 2014 were:

25p Capital Shares                   5670.3p           (5529.9p  at the 31st December 2013)

25p Income Shares                   1337.5p           (1334.0p at the 31st December 2013)

The UK equity market has made little progress in the first four months of 2014 with the FTSE All Share Index rising by 0.3%. The Trust has also seen a quieter period with total group equity funds increasing by 1.8% to £126m as at 30^th April.

After the very strong market conditions of 2013 and the five year bull market in UK smaller companies' share prices, the current pause is not unexpected.

For further information:

Simon Knott  020-7415-4130

22nd May 2014

 

END

 

 

IMSLLFVEERIFFIS