OVCT Oberon Aim Vct Plc

 
TIDMOVCT 
 
Octopus VCT PLC 
Interim Management Statement 
 
17 February 2012 
 
In accordance with Rule 4.3 of the UK Listing Authority's Disclosure and 
Transparency rules, Octopus VCT plc ("Fund" or "Company") presents an Interim 
Management Statement for the period 1 September 2011 to 31 December 2011. The 
statement also includes relevant financial information between the end of the 
period and the date of this statement. 
 
Financial Summary 
+-----------------------------+------------------------+-----------------------+ 
|                             |       Ten months to 31 |Six months to 31 August| 
|                             |           December 2011|                   2011| 
+-----------------------------+------------------------+-----------------------+ 
|Net assets (000s)            |                  GBP48,858|                 GBP48,992| 
+-----------------------------+------------------------+-----------------------+ 
|Net (loss)/profit before tax |                        |                       | 
|(000s)                       |                   GBP(326)|                  GBP(251)| 
+-----------------------------+------------------------+-----------------------+ 
|Net asset value per share    |                        |                       | 
|('NAV')                      |                   93.7p|                  93.8p| 
+-----------------------------+------------------------+-----------------------+ 
|Cumulative dividends paid    |                    1.0p|                   1.0p| 
+-----------------------------+------------------------+-----------------------+ 
|NAV plus cumulative dividends|                        |                       | 
|paid                         |                   94.7p|                  94.8p| 
+-----------------------------+------------------------+-----------------------+ 
 
Performance 
At 31 December 2011 the NAV plus cumulative dividends paid of the Fund was 
94.7p, which compares to 94.8p as at 31 August 2011. The performance of the Fund 
has been relatively stable in the period under review, with the NAV reducing 
slightly due to the standard running costs of the VCT exceeding income at this 
early stage of the Company's life. 
 
There have been no changes to any unquoted investment valuations and a reduction 
in the fair value of EKF Diagnostics plc, the Funds only quoted investment, of 
 GBP57,000. 
 
Investment activity 
In the period under review, Octopus VCT plc has invested a total of  GBP8.8million. 
Included in this was a  GBP2.5million follow-on investment into CSL Dualcom Limited 
- a security company,  GBP1.0million into Borro - an online pawn broker and 
 GBP0.9million into Acquire Your Business - a business services provider. 
 
The remaining  GBP4.4million was invested into solar companies that have been set 
up to invest into the renewable energy source. 
Top ten investment portfolio by value as at 31 December 2011 
+-----------------------+-----------------+--------------------+---------------+ 
|Company                | Investment class|Carrying value  GBP'000|% of Net Assets| 
+-----------------------+-----------------+--------------------+---------------+ 
|CSL Dualcom Limited    |         Security|               3,800|           7.8%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Helaku Power Limited   |            Solar|               3,500|           7.2%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Shakti Power Limited   |            Solar|               1,400|           2.9%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Michabo Power Limited  |            Solar|               1,100|           2.3%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Salus Services Holdings|                 |                    |               | 
|1 Limited              |       Care homes|               1,000|           2.0%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Salus Services 2       |                 |                    |               | 
|Limited                |       Care homes|               1,000|           2.0%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Borro Limited          |     Pawn Broking|               1,000|           2.0%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Personnel Advisory     |                 |                    |               | 
|Services Limited       |Business services|               1,000|           2.0%| 
+-----------------------+-----------------+--------------------+---------------+ 
|GreenCo Services 2     |                 |                    |               | 
|Limited                |Business services|               1,000|           2.0%| 
+-----------------------+-----------------+--------------------+---------------+ 
|Saas Business Services |                 |                    |               | 
|Limited                |Business services|               1,000|           2.0%| 
+-----------------------+-----------------+--------------------+---------------+ 
Material events and transactions 
The Fund's Board is not aware of any other significant event or transaction 
which has occurred between the 1 January 2012 and the date of publication of 
this statement which would have a material impact on the financial position on 
the Fund. 
 
For further information please contact: 
Stuart Nicol - Fund Manager 
Octopus Investments Limited - 0800 316 2347 
 
ENDS 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Octopus VCT PLC via Thomson Reuters ONE 
 
[HUG#1587058] 
 

Oberon Aim Vct (LSE:OVCT)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025

Oberon Aim Vct (LSE:OVCT)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025