Preliminary unaudited net asset value at 31/3/20

Dunedin Enterprise Investment Trust PLC

LEI:     213800E2VLUZ5AF9Z434

Date:   1 May 2020

Time:  07.00am

Preliminary Unaudited Net Asset Value announcement for 31 March 2020

The Board of Dunedin Enterprise Investment Trust PLC announces a preliminary unaudited net asset value of 379.9p per share as at 31 March 2020 (444.4p at 31 December 2019).

The preliminary unaudited net asset value has been calculated using the managers' latest valuations (including those received since 31 March 2020) which take into account the potential impact of COVID-19 and remain subject to review by the Board of Directors. 

Based on those valuations, as at 31 March 2020, the Company's unlisted investments were valued at £64.1m.  The Company also held cash balances of £12.3m and net current assets of £2.0m making a total net assets position of £78.4m. 

The finalised net asset value per share will be published on 6 May 2020.

This announcement contains inside information for the purposes of article 7 of EU Regulation 596/2014. Upon publication of this announcement, this inside information is now considered to be in the public domain.

For further information, please contact:

Dunedin LLP

Company Secretary

Telephone: 0131 225 669

END