In its delayed outcomes for the 12 months to 31 August 2022 revealed at the moment (11 October), the previous FTSE 250 belief reported a 57.5% drop in internet asset worth per share to 43.7p, down from 103p throughout the identical interval in 2021.
The belief’s NAV rose from a restated 2021 determine of £247.9m to £345.9m in 2022. Nonetheless, after accounting for £601.2m in internet proceeds from share issuances, this displays a £503.2m decline in NAV from the restated August 2021 valuation.
This drop was largely attributable to a £452.9m discount within the honest worth of the belief’s properties, amounting to 49.8% of the historic acquis…
