Finsbury Growth & Income Trust PLC has released its estimated unaudited net asset value per share, in accordance with the guidelines of the Association of Investment Companies, as of the close of business on January 8, 2024. The net asset value per share stands at 897.79p (cum income). This information was provided on behalf of the Board by Frostrow Capital LLP, the secretary of the company, on January 9, 2024.
This announcement provides investors and stakeholders with a snapshot of the company's financial health and performance at the specified date. It offers insight into the value of the company's assets per share, which can be a crucial factor for investors when making decisions related to buying, selling, or holding shares in the company.
The release of the net asset value per share is a standard practice for investment trusts and provides transparency to shareholders and potential investors. It allows them to assess the company's performance and its attractiveness as an investment opportunity. This figure is an important metric for evaluating the company's financial position and its ability to generate returns for shareholders.
The net asset value per share is a key indicator of the company's performance and financial strength. It reflects the underlying value of the company's assets after accounting for liabilities and can influence investor sentiment and trading activity. This disclosure is part of the company's commitment to transparency and timely communication with its stakeholders, providing them with essential information for their investment decisions.