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The financial year to 30 November 2020 has been a period of significant challenge and uncertainty, following the emergence of the COVID-19 pandemic and the subsequent imposition of protective measures and restrictions that have had a wide reaching impact on the economy and our society. This public health crisis has touched the lives of many people and our thoughts are with everyone who has been affected.
Notwithstanding the disruption caused by the pandemic, your Board is pleased to announce a slight uplift in NAV total return at the year end to 79.83p per share. Under the circumstances, the Directors consider that this is a creditable performance, which reflects the strength and diversity of the underlying portfolio and the ability of most investee companies to adjust to the current market conditions. Notably, the AIM quoted portfolio performed strongly during the year, with the majority of holdings reporting positive trading updates and share price appreciation. In terms o
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EP Global Opportunities Trust Plc - Annual Financial Report
PR Newswire
ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2020
The full Annual Report and Financial Statements can be accessed via the Company s website at www.epgot.com or by contacting the Company Secretary by telephone on 0131 270 3800.
HIGHLIGHTS
At 31 December 2020, the net asset value per share was 308.4p, a decrease of 3.9% over the year. With dividends re-invested, the net asset value total return was -1.3%.
The share price discount to net asset value per share was 7.9%, compared to 3.4% at the prior year end. With dividends re-invested, the share price total return was -5.6%.