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    NSI   GB0002631041

NEW STAR INVESTMENT TRUST PLC

(NSI)
  Report
Delayed Quote. Delayed London Stock Exchange - 12/03 11:35:11 am
143 GBX   --.--%
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New Star Investment Trust : 06/21 annual report

10/12/2021 | 07:32am EST

N E W S TA R I N V E S T M E N T T R U S T P L C

REPORT AND ACCOUNTS

for the year ended 30th June 2021

NEW STAR INVESTMENT TRUST PLC

CONTENTS

Page

INVESTMENT OBJECTIVE

2

COMPANY INFORMATION

3

BOARD OF DIRECTORS

4

STRATEGIC REPORT:

5

-  FINANCIAL HIGHLIGHTS

5

-  CHAIRMAN'S STATEMENT

6

-  INVESTMENT MANAGER'S REPORT

7

-  SCHEDULE OF LARGEST INVESTMENTS

10

-  STRATEGIC REVIEW

11

DIRECTORS' REPORT

18

CORPORATE GOVERNANCE STATEMENT

25

REPORT OF THE AUDIT COMMITTEE

29

DIRECTORS' REMUNERATION REPORT

32

STATEMENT OF DIRECTORS' RESPONSIBILITIES

35

INDEPENDENT AUDITOR'S REPORT

36

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

48

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

49

COMPANY STATEMENT OF CHANGES IN EQUITY

50

CONSOLIDATED BALANCE SHEET

51

COMPANY BALANCE SHEET

52

CASH FLOW STATEMENTS

53

NOTES TO THE ACCOUNTS

54

NOTICE OF ANNUAL GENERAL MEETING

75

1

NEW STAR INVESTMENT TRUST PLC

INVESTMENT OBJECTIVE

The Company's objective is to achieve long-term capital growth.

THIS DOCUMENT IS IMPORTANT and, if you are a holder of Ordinary shares requires your attention. If you are in doubt as to what action to take you should seek advice from your own independent personal financial advisor. If you have sold or otherwise transferred all of your Ordinary shares in the capital of the Company you should send this document and the accompanying Form of Proxy immediately to the purchaser or transferee; or to the stockbroker, bank or other agent through whom the sale or transfer was effected.

The Company's shares are traded on the London Stock Exchange and are not subject to restriction under the Financial Conduct Authority's non-mainstream investment products regime.

REGISTERED OFFICE

1 Knightsbridge Green, London, SW1X 7QA

Company Number: 03969011

2

NEW STAR INVESTMENT TRUST PLC

COMPANY INFORMATION

DIRECTORS

G Howard-Spink (Chairman)

J L Duffield (Deputy Chairman)

D J Gamble

INVESTMENT MANAGER

Brompton Asset Management LLP

1 Knightsbridge Green, London SW1X 7QA

(Authorised and regulated by the Financial Conduct Authority)

SECRETARY AND ADMINISTRATOR

Maitland Administration Services Limited

Hamilton Centre, Rodney Way, Chelmsford, Essex CM1 3BY

Telephone: 01245 398950

SOLICITORS

CMS Cameron McKenna Nabarro Olswang LLP

Cannon Place, 78 Cannon Street

London EC4N 6AF

AUDITORS

Ernst & Young LLP

Atria One, 144 Morrison Street, Edinburgh EH3 8EX

CUSTODIAN

Brown Brothers Harriman & Co

Park House, 16 - 18 Finsbury Circus, London EC2M 7EB

REGISTRARS

Equiniti Limited

Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA

Telephone: 0371 384 2549

Website: shareview.co.uk

WEBSITE

www.nsitplc.com

The Company's shares are traded on the London Stock Exchange and their prices are shown in

the Financial Times under "Investment Companies".

3

NEW STAR INVESTMENT TRUST PLC

BOARD OF DIRECTORS

Geoffrey Howard-Spink(Chairman)* was one of the founders in 1981 of Lowe Group Limited, one of the UK's biggest advertising groups. He was Chairman of Immedia Group PLC and a director of Chrysalis. Mr Howard-Spink was appointed Chairman of the Company with effect from 13th May 2009.

John L Duffield (Deputy Chairman) is the Senior Partner of Brompton Asset Management Group LLP. Mr Duffield was Chairman of New Star Asset Management Group PLC between 2000 and April 2009. Prior to founding New Star, Mr Duffield was the founder and chief executive of Jupiter International Group from 1985 to 2000.

David Gamble* was chief executive of British Airways Pension Investment Management from 1993 to 2004. He has also served as a director of numerous financial services companies including a number of investment companies. Mr Gamble was appointed a Director on 16th November 2017 and is the chairman of the Audit Committee.

* Members of the Audit Committee and Independent Directors

4

Disclaimer

New Star Investment Trust plc published this content on 11 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 October 2021 11:31:01 UTC.


ę Publicnow 2021
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Financials
Sales 2021 27,4 M 36,3 M 36,3 M
Net income 2021 25,2 M 33,4 M 33,4 M
Net cash 2021 8,44 M 11,2 M 11,2 M
P/E ratio 2021 3,77x
Yield 2021 1,04%
Capitalization 102 M 134 M 134 M
EV / Sales 2020 29,1x
EV / Sales 2021 3,16x
Nbr of Employees -
Free-Float 24,5%
Chart NEW STAR INVESTMENT TRUST PLC
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New Star Investment Trust plc Technical Analysis Chart | NSI | GB0002631041 | MarketScreener
Income Statement Evolution
Managers and Directors
Geoffrey Howard-Spink Chairman
David John Gamble Independent Non-Executive Director
John Lincoln Duffield Deputy Chairman
Sector and Competitors
1st jan.Capi. (M$)
NEW STAR INVESTMENT TRUST PLC17.21%135
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