Net asset value update at 9 December 2014

RNS Number : 4048Z

Starvest PLC

10 December 2014

Wednesday 10 December 2014

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

Net asset value update at 9 December 2014

In advance of the Company's annual general meeting to be held on Thursday 11 December, the Company announces the net asset value as at the close of business on 9 December 2014 as follows:

	9 December 2014	30 September 2014	30 June 2014	31 December 2013
Trading portfolio value	£2.93m	£4.15m	£3.29m	£1.95m
Company net asset value	£3.13m	£4.40m	£3.59m	£2.36m
Net asset value per share	8.43 pence	11.87 pence	9.68 pence	6.35 pence
Share price - mid	5.50 pence	5.25 pence	5.50 pence	3.88 pence
Share price discount to net asset value	35%	55%	43%	39%
Market capitalisation	£2.04m	£1.95m	£2.04m	£1.44m

All valuations are based on the closing market bid prices or lower directors' valuation as described in the 2014 annual report. The discounts applied to bid prices at 9 December 2014 totalled £241,750 (30 September 2014: £350,910).

The disappointing fall in the portfolio value since 30 September reflects the general decline in share prices across our chosen sector. However, we remain significantly ahead of the valuation of £1.95m at the end of 2013,

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

Disclosures for the Annual General Meeting 9 December 2014

In accordance with the Disclosure and Transparency Rules, the Company advises that for the purpose of the Annual General Meeting today, the Chairman, Ronald Bruce Rowan, will hold discretionary proxies for each resolution in addition to 10,170,000 Ordinary shares in a personal capacity. Therefore, the Chairman's total interest to be disclosed is as follows:

Resolution 1	10,197,000	27.47%
Resolution 2	10,197,000	27.47%
Resolution 3	10,197,000	27.47%
Resolution 4	10,197,000	27.47%
Resolution 5	10,197,000	27.47%
Resolution 6	10,197,000	27.47%