The Monks Investment Trust PLC reported unaudited preliminary earnings results for the full year ended April 30, 2013. For the period, the company reported net profit on ordinary activities after taxation of £58,855,000 or 23.40 pence per share on total income of £22,983,000 against net loss on ordinary activities after taxation of £48,064,000 or 18.51 pence per share on total income of £31,424,000 a year ago. Net profit on ordinary activities before taxation of £59,576,000 compared to net loss on ordinary activities before taxation of £47,063,000 a year ago. Net cash inflow from operating activities of £17,645,000 compared to £24,825,000 a year ago.

The company announced that Mr. Karl Sternberg has agreed to join its Board with effect from 1 July 2013. Mr. Sternberg will be submitted for election at the AGM.

The Board also recommended a final dividend of 3.45 pence, which together with the interim of 0.50 pence already paid, would make the total dividend for the year 3.95 pence, unchanged from the previous year. If approved the recommended final dividend will be paid on 9 August 2013 to shareholders on the register at the close of business on 12 July 2013. The ex-dividend date is 10 July 2013.