Net asset value update at 8 December 2015

RNS Number : 5082I

Starvest PLC

09 December 2015

Wednesday 9 December 2015

Starvest Plc ("Starvest" or "the Company")

Net asset value update at 8 December 2015

In advance of the Company's annual general meeting to be held on Thursday 10 December, the Company announces the net asset value as at the close of business on 8 December 2015 as follows:

	8 December 2015	30 September 2015	30 December 2014	31 December 2013
Trading portfolio value	£1.13m	£1.04m	£1.60m	£1.95m
Company net asset value	£1.15m	£1.14m	£1.80m	£2.36m
Net asset value per share	3.09 pence	3.09 pence	4.85 pence	6.35 pence
Share price - mid	2.50 pence	2.75 pence	4.38 pence	3.88 pence
Share price discount to net asset value	19%	11%	10%	39%
Market capitalisation	£0.93m	£1.02m	£1.62m	£1.44m

All valuations are based on the closing market bid prices or, if lower, directors' valuation as described in the 2014 annual report. The discounts applied to bid prices at 8 December 2015 totalled £243,892 (30 September 2015: £241,750).

The Company's website, www.starvest.co.uk, has further details of the portfolio.

Disclosures for the Annual General Meeting 10 December 2015

In accordance with the Disclosure and Transparency Rules, the Company advises that for the purpose of the Annual General Meeting today, the Chairman, Callum Newton Baxter, will hold discretionary proxies for each resolution. Therefore, the Chairman's total interest to be disclosed is as follows:

Resolution	For	Against
Resolution 1	12,002,552	Nil
Resolution 2	12,002,552	24,000
Resolution 3	12,017,552	24,000
Resolution 4	12,017,552	24,000
Resolution 5	11,986,838	Nil
Resolution 6	11,986,838	Nil