Share Price

INVESTORS

Financial Resources

Balance Sheet ($ in millions, except per share) 30/4/25 31/3/25
Equity Investments $1,237.6 $1,237.3
Income Investments $24.3 $24.3
Total Direct Investments $1,261.9 $1,261.6
Legacy Private Equity Funds $4.1 $3.2
Total Private Equity Fair Value $1,266.0 $1,264.7
Cash / Liquid Investments $96.6 $73.5
Credit Facility Borrowings ($90.0) ($90.0)
Other ($27.7) ($5.0)
Net Asset Value $1,244.9 $1,243.3
Net Asset Value per Share $27.29 $27.17
Summary of Private Equity Exposure
Private Equity Investment Level 102% 102%
Cash / Liquid Investments + Available Credit Facility $306.6 $283.5
Adjusted Unfunded Commitments $32.6 $32.3
Adjusted Commitment Cover Ratio 941% 878%
Sterling NAV & Trading Information (£)
NAV Per Share £20.43 £21.05
Closing Share Price £14.18 £15.12
Premium (Discount) -30.6% -28.2%

As at 30 April 2025.