Net Asset Value and update on gearing

RNS Number : 2180H

Witan Investment Trust PLC

23 March 2020

 

WITAN INVESTMENT TRUST PLC

23 March 2020  

Net asset value and update on gearing

The unaudited net asset values (NAVs) of the Company as at 20 March 2020 are noted below in pence per share. NAVs are calculated in accordance with stated policies. Applicable accounting standards and AIC recommendations are followed.

	Pence per share Cum Income Ex-dividend	Pence per share Ex Income
Financial liabilities at par value	166.61	165.80
Financial liabilities at fair value	161.18	160.36

The Company confirms that during the significant economic and market disruptions in recent weeks its gearing, which was 12% at the end of February, has been reduced to 7.8% as at 20 March 2020.

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For further information, please call:

Steven Morrison

Investment Trust Accounting Department

BNP Paribas Securities Services

Tel: [phone]

 

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