To: RNS

From: Personal Assets Trust plc

Date: 20 June 2012

Results for the year ended 30 April 2012

The Directors of Personal Assets Trust ("PAT") are pleased to announce the Group's results for the year ended 30 April 2012.

The key points are as follows:

PAT is run expressly for private investors. Its (Euronext: ALITS.NX - news) investment policy is to protect and increase (in that order) the value of shareholders' funds per share over the long term and to earn as high a total return as is compatible with a risk equivalent to that of the FTSE All-Share Index.

Over the year to 30 April 2012 PAT's net asset value per share ("NAV") rose by 6.6%. This compares to a fall of 5.4% in the Company's comparator, the FTSE All-Share Index. PAT's share price rose by 22.70 during the year and at 30 April 2012 was 340.70. An analysis of performance is provided in the Chairman's Statement and Investment Adviser's Report below.

Since PAT became independently managed in 1990 the Board has chosen to measure PAT's performance over rolling three year periods. Over the three years to 30 April 2012 the net asset value total return per share was 54.2% compared to the FTSE All-Share Index's 52.2%, an outperformance of 1.3%.

The Company has experienced a strong demand for its shares. During the year the Company issued 395,856 Ordinary shares, raising 132.0 million of net new capital.

See the original post here:
Personal Assets Tst. - Final Results