Net Asset Value(s)

RNS Number : 9632U

Starvest PLC

04 January 2012

 



Wednesday 4 January 2012

Net asset value update

The net asset value at the close of business on Friday 30 December 2011 was:

	31 December 2010	30  September 2011	Change %
Trading portfolio value	£4.75m	£5.47m	-13%
Company asset value net of debt	£5.42m	£6.62m	-18%
Net asset value - fully diluted per share	14.6 pence	17.6 pence	-17%
Share price - mid	12.0 pence	13.0 pence	-8%
Share price discount to fully diluted net asset value	18%	26%
Market capitalisation	£4.41m	£4.77m	-7%

All valuations are based on the closing market bid prices or lower directors' valuation as described in the 2011 annual report and are net of a final dividend of 0.5 pence per share payable on 20 January 2012 to holders of Ordinary shares as at the close of business on 6 January 2012.

R Bruce Rowan Chairman & Chief Executive 4 January 2011

Enquiries to:

Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director 07768 512404; [e-mail]

Gerry Beaney, Colin Aaronson or David Hignell, Grant Thornton Corporate Finance 020 7383 5100

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