Net Asset Value(s)

RNS Number : 2998I

Lindsell Train Investment Trust PLC

24 March 2015

 



THE LINDSELL TRAIN INVESTMENT TRUST PLC

It is announced that the un-audited Net Asset Value (inclusive of accumulated income) of The Lindsell Train Investment Trust plc, which is managed by Lindsell Train Limited, at the close of business on the below date was as follows:

20 March 2015

£407.0433 per Ordinary share

This week's 9.2% rise in the net asset value of the Lindsell Train Investment Trust was largely attributable to three unconnected developments: the 36% uplift in the price of the two irredeemable gilts following the announcement in the budget of HMG's intention to redeem these issues, the 30% rise in the price of Nintendo following its announced decision it will begin to offer its intellectual property on smart phone platforms and the 22% uplift in the value of the holding in Lindsell Train Limited from November 2014 as determined by the directors' valuation formula.

Phoenix Administration Services Limited - Corporate Secretary

 

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