Throgmorton Trust 1H Net Asset Value 155.63P Vs 144.26P

20th Jul 2010 18:18

LONDON (Dow Jones)-- The Throgmorton Trust Plc (THRG.LN), an investment trust announced Tuesday it had a net asset value or NAV per share of 155.63 pence for the six months ended May 31, 2010, compared with 144.26 pence. MAIN FACTS: -Return per ordinary share: 1.37 pence (2009: 2.90 pence) -Dividends per ordinary share Interim: 0.58 pence (2009: 0.55 pence) -The company has performed positively during this six month period in both absolute and relative terms. -The undiluted NAV has increased by 12.3% with the share price rising 20.5%, outperforming the company's benchmark, the Hoare Govett Smaller Companies plus AIM (excluding investment companies) Index which increased by 7.3%. (All percentages in sterling terms with income reinvested). -The long only portfolio and the CFD portfolio both contributed to this outperformance generating total returns of GBP11.4 million and GBP3.2 million respectively. -Shares closed Tuesday at 134.50 pence -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [email protected] (END) Dow Jones Newswires July 20, 2010 13:18 ET (17:18 GMT)