RNS Number : 8147E
Starvest PLC
04 July 2023
 

04 July 2023

 

 

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

 

Net Asset Value at 30 June 2023

 

Starvest Plc (LON:SVE), the London Stock Exchange AIM-listed specialist mining and resources investment company, announces a Net Asset Value ("NAV") update as at 30 June 2023.

Mark Badros, CEO, commented: "As we provide our regular quarterly NAV announcement as of 30 June 2023, we would like to record our appreciation of our investors' continued interest in Starvest's story. Especially during intermittent periods of relatively lower trading activity in our shares, we remain focused on our investee companies that are building value through their operating activities and continue to explore ways to realize value for our shareholders."

The NAV as at 30 June 2023 and certain prior periods were as follows:


30 Jun 2023

31 Mar 2023

30 June 2022

Trading Portfolio Value

£6.0m

£6.5m

£8.1m

Company NAV

£6.2m

£6.8m

£8.3m

NAV per Share

10.7 pence

11.6 pence

14.2 pence

Share price - mid

7.0 pence

8.0 pence

         10.5 pence

Share price discount to net asset value

34%

31%

26%

Market capitalisation

£4.1m

 

£4.7m

 

£6.1m

 

 

Portfolio holdings are valued using their closing market prices as of the date shown.

Starvest is a specialist mining and resource investment company and has the industry knowledge and market exposure to select compelling opportunities early in the investment cycle.

Investors are encouraged to view our RNS feed on the Starvest web site www.starvest.co.uk/announcements

Investors are also encouraged to follow and review the RNS and other news flows issued or otherwise disseminated by Greatland Gold plc, an investee company which constitutes substantially the largest portion of Starvest's trading portfolio value and whose share price can influence that of Starvest. www.greatlandgold.com/media/investor-news/

 

Mark Badros

Chief Executive Officer

04 July 2023

 

Enquiries to:

Starvest PLC

Mark Badros or Gemma Cryan  02077 696 876  info@starvest.co.uk

 

Grant Thornton UK LLP (Nomad)

Colin Aaronson, Harrison Clarke or Ciara Donnelly 02073 835 100

 

SI Capital Ltd (Broker)

Nick Emerson or Sam Lomanto  01483 413 500

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