Preliminary Unaudited Net Asset Value at 30/6/20

Dunedin Enterprise Investment Trust PLC

LEI:     213800E2VLUZ5AF9Z434

Date:   3 August 2020

Time:  07.00am

Preliminary Unaudited Net Asset Value announcement for 30 June 2020

The Board of Dunedin Enterprise Investment Trust PLC is pleased to announce a preliminary unaudited net asset value of 379.8p per share as at 30 June 2020.  In the six months to 30 June 2020 the net asset value total return was -13.4%. 

The preliminary unaudited net asset value has been calculated using the underlying managers' latest valuations (including those received since 30 June 2020), which remain subject to review by the Board of Directors. 

Based on those valuations, as at 30 June 2020, the Company's unlisted investments were valued at £55.3m.  The Company also held cash balances of £25.0m and net current liabilities of £1.9m making a total net assets position of £78.4m. 

During the quarter to 30 June 2020 a dividend of 5p per share was paid to shareholders on 15 May 2020.

The net asset value per share at 30 June 2020 of 379.8p compares to a net asset value per share of 379.9p at 31 March 2020, after taking account of the 5p per share dividend.

The finalised net asset value per share will be published on 21 September 2020 at which time the Board intend to give a further update with regards to a return of capital.

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