Dunedin Enterprise Investment Trust PLC
LEI: 213800E2VLUZ5AF9Z434
Date: 15 May 2024
1. Unaudited net asset value per share
The unaudited net asset value per share at 31 March 2024 was 623.5 p. This is stated after payment of a dividend of 10p per share on 19 January 2024. This compares to the net asset value per share of 624.8 p as at 31 December 2023.
2. Share price
The share price has increased by from 510.5 p to 492.5 p in the quarter to 31 March 2024. The share price total return for the quarter to 31 March 2024 was -1.6 %. This compares to a decrease in the FTSE Small Cap Index of 1.5 % over the same period. The discount to net asset value at 31 March 2024 was 21.0 % .
3. Balance Sheet
The unaudited balance sheet as at 31 March 2024 is noted below: -
| |
£'m |
| Investments: - |
|
| Dunedin managed |
4.6 |
| Third party managed |
3.2 |
| |
7.8 |
| |
|
| Cash and near cash |
26.0 |
| Other assets |
0.5 |
| |
|
| Total net assets |
34.3 |
| |
|
| Net asset value per share (p) |
623.5 p |
4. Net asset value movements
The portfolio of investments has been re-valued at 31 March 2024. There were no significant valuation movements in the quarter.
5. Cash and Commitments
Dunedin Enterprise had cash and near cash balances of £ 26.0 m at 31 March 2024. Outstanding capital commitments to limited partnership funds are £7.6m.
6. Dividend
A dividend of 10.0p per share was paid to shareholders on 19 January 2024.
For further information on Dunedin Enterprise please go to www.dunedinenterprise.com
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