Gresham House Strategic (LON:GHS) Managing Director Graham Bird joins DirectorsTalk to discuss interim results. Graham talks us through the financial highlights, the investment management highlights, performance post period and describes the outlook for Gresham.
| Gresham House Strategic Holding | £m | Shareholding % of portfolio | Portfolio NAV % |
| Augean plc | 8 | 7.00% | 17.90% |
| IMImobile plc | 7.5 | 3.10% | 16.90% |
| Northbridge Industrial Services plc | 6.4 | 11.00% | 14.50% |
| Be Heard Group plc | 2.8 | 10.60% | 6.20% |
| Pressure Technologies plc | 2.7 | 15.10% | 6.10% |
| The Lakes Distillery Company plc | 2.2 | n/a | 4.90% |
| MJ Hudson Group Holdings Limited | 2 | 1.00% | 4.50% |
| Brand Architeks Group plc | 1.6 | 5.40% | 3.60% |
| Escape Hunt (Dorcaster plc) | 1.5 | 11.60% | 3.40% |
| Universe Group plc | 1.4 | 11.60% | 3.20% |
| Others | 3 | 6.70% | |
| Cash and other working capital items | 5.4 | 12.10% | |
| Total NAV | 44.5 | 100.00% |
Gresham House Strategic invests in UK smaller public companies, applying private equity techniques and due diligence alongside a value investment philosophy to construct a focused portfolio expected to be comprised of 10-15 companies.
The Investment Manager, Gresham House Asset Management Ltd (Gresham House, GHAM, or Investment Manager), aims for a high level of engagement with investee company stakeholders, including management, shareholders, customers, suppliers and competitors, with the aim of identifying market pricing inefficiencies and supporting a clear equity value creation plan and targeting above market returns over the longer term.
