DSM: Net Asset Value(s) and Portfolio

Downing Strategic Micro-Cap Investment Trust Plc
LEI Code: 213800QMYPUW4POFFX69
Net Asset Values
The Company announces the following, all of which is unaudited:
Total Assets - including current period revenue* at 31 January 2024		£30.67m
Net Assets - including current period revenue* at 31 January 2024		£30.67m
Number of shares in issue (excluding treasury):		46,608,486
The Net Asset Value (NAV) per share at 31 January 2024 was:
Per Ordinary share (bid price) - including current period revenue*		65.81p
Per Ordinary share (bid price) - excluding current period revenue*		65.81p
Ordinary share price		58.00p
Premium/(Discount) to NAV (including current period revenue)		(11.87%)
* Current period revenue covers the period 01/03/2023 to 31/01/2024 and includes undistributed revenue in respect of that period.
Portfolio summary:		% of portfolio
1	Cash and other net current assets	27.51%
2	Synectics Plc	9.71%
3	Volex Plc	9.70%
4	Centaur Media Plc	7.86%
5	Flowtech Fluidpower Plc	7.08%
6	Equals Group Plc	6.23%
7	Fireangel Safety Technology Plc	5.88%
8	National World Plc	5.80%
9	Hargreaves Services Plc	4.76%
10	Ramsdens Holdings Plc	4.08%
11	Journeo plc	3.01%
12	DigitalBox plc	2.62%
13	Norman Broadbent Plc	2.01%
14	Theworks.co.uk Plc	1.98%
15	Inspecs Group plc	1.77%
	Total	100.00%