SDV 2025 ZDP PLC: Net Asset Value correction

Chelverton UK Dividend Trust PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 28/08/2019) of £54.51m

Net Assets (including unaudited revenue reserves at 28/08/2019) of £39.02m

The Net Asset Value (NAV) at 28/08/2019 was:

Number of shares in issue:

Per Ordinary share (bid price) - including unaudited current period revenue*

187.14p

20,850,000.00

Per Ordinary share (bid price) - excluding current period revenue* 

183.21p

Ordinary share price

163.50p

Premium / (Discount) to NAV

(12.63)%

Ordinary shares have an undated life

ZDP share

106.84p

14,500,000.00

ZDP share price

109.00p

Premium to NAV

2.02%

ZDP shares are held in a subsidiary and have a redemption date of 30/04/2025

*Current period revenue covers the period 01/05/2018 to 28/08/2019