Starvest PLC Net Asset Value at 17 March 2023 (5736T)

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RNS Number : 5736T

Starvest PLC

21 March 2023

21 March 2023

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

Net Asset Value at 17 March 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 17 March 2023, ahead of the Company's AGM later today.

The NAV as at 17 March 2023 and certain prior periods were as follows:

 
                            17 Mar 2023   31 Dec 2022    30 Sept 2022 
 Trading Portfolio Value      GBP6.2m       GBP6.8m         GBP6.2m 
 Company NAV                  GBP6.5m       GBP7.1m         GBP6.6m 
 NAV per Share              11.15 pence   12.2 pence      11.3 pence 
 Share price - mid           8.5 pence     7.5 pence           8.0 pence 
 Share price discount 
  to net asset value            24%           39%             29% 
 Market capitalisation         GBP5m        GBP4.4m         GBP4.7m 
 

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

21 March 2023

Enquiries to:

Starvest PLC

Mark Badros or Gemma Cryan 02077 696 876 [e-mail]

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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March 21, 2023 03:00 ET (07:00 GMT)