Dunedin Enterprise Investment Trust plc announced that David Gamble will retire from the Board following the AGM in May 2014. Duncan Budge, who joined the Board in April 2012, has agreed to succeed him as Chairman.

The company reported unaudited consolidated earnings results for the six months ended June 30, 2013. For the period, the company's total income was £1.9 million compared with £11.97 million a year ago. Profit before finance costs and tax was £1.1 million compared with £10.8 million a year ago. Profit before tax was £0.86 million compared with £10.6 million a year ago. Profit for the period was £0.83 million or 3.3 pence per basic and diluted share compared with £10.5 million or 36.3 pence per basic and diluted share a year ago. As on June 30, 2013, the company's net asset value per ordinary share was 535.1 pence. Net cash inflow from operating activities was £1.1 million compared with £3.9 million a year ago.