Blackrock Smaller Companies Trust Plc’s NAV increase by 11.7% for the year to 29 February 2020

Blackrock Smaller Companies Trust Plc (LON: BRSC) has released its Trading Update and announced the second interim dividend.

  • The company has stated that it has developed a series of regular updates to make sure that its operations are not affected amid the Covid-19.
  • The Company’s NAV (Net Asset Value) per share increased by 11.7 per cent for the year to 29 February 2020 and outperformed its benchmark, the Numis Smaller Companies plus AIM.
  • The Company has reported that as at 2 June 2020 its net gearing stands at 8.8 per cent of net assets.
  • On 3rd June 2020, at the time of writing, GMT 16:23 PM, BRSC shares were trading at GBX 1,430.00, up by 90.00 points or 5.93% against the previous day closing price.