12. Net Asset Value per share The Net Asset Value per share calculation uses the number of shares in issue at the end of the period. As at 30 June2026 As at 31 December2025 As at 30 June2025 Basic and diluted Net asset value per share £7.82 £7.38 £7.42 Net assets attributable to shareholders (’000) £1,289,064 £1,232,866 £1,275,091 Number of shares in issue at period end (’000) 164,840 167,131 171,887
