Finsbury Growth & Income Trust PLC has released its estimated unaudited net asset value per share, which stands at 904.94p (cum income) as of the close of business on July 19, 2024. The calculation was conducted in accordance with the guidelines of the Association of Investment Companies. The announcement was made on behalf of the Board by Frostrow Capital LLP, the secretary, on July 22, 2024.
This information provides shareholders and the investment community with an insight into the company's financial standing and performance. It serves as a key indicator of the trust's value and can influence investment decisions. The net asset value per share is a crucial metric for investors, reflecting the trust's total assets minus its total liabilities, divided by the number of shares outstanding.
The release of the unaudited net asset value demonstrates the company's commitment to transparency and timely financial reporting. Shareholders and potential investors can use this information to assess the trust's performance and make informed decisions regarding their investment strategies. The trust's adherence to the guidelines of the Association of Investment Companies underscores its dedication to industry best practices and standards.
This announcement is a part of the company's ongoing efforts to keep its stakeholders informed about its financial health and to maintain transparency in its operations. The net asset value per share is a fundamental measure for investment trusts, and this disclosure allows investors to gauge the trust's performance and its potential to deliver returns.