Odyssean Investment Trust PLC (GB:OIT) has released an update.
Odyssean Investment Trust PLC reported a decline in net asset value per share by 3.7% for the year ended 31 March 2024, amid a volatile market that underperformed compared to broader market returns. Despite the challenging conditions, the company’s net assets grew due to issuing new shares at a premium, without diluting existing shareholders’ value. The investment strategy continues to focus on smaller company equities, with ethical and sustainability criteria excluding investments in controversial sectors.
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