OVCT Oberon Aim Vct Plc

 
TIDMOVCT 
 
   Octopus VCT PLC 
 
   Interim Management Statement 
 
   17 July 2013 
 
   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 March 2013 to 31 May 2013. 
The statement also includes relevant financial information between the 
end of the period and the date of this statement. 
 
   Financial Summary 
 
 
 
 
                             3 months to 31 May 2013  Year to 28 February 2013 
Net assets (GBP'000)                          49,869                    49,635 
Return on ordinary 
 activities before tax 
 (GBP'000)                                       250                       758 
Net asset value per share                      95.6p                     95.2p 
 ('NAV') 
Cumulative dividends paid                       3.0p                      3.0p 
NAV plus cumulative                            98.6p                     98.2p 
 dividends paid 
 
   Performance 
 
   At 31 May 2013 the NAV plus cumulative dividends paid of the Fund was 
98.6p, which compares to 98.2p as at 28 February 2013. The performance 
of the Fund has been relatively stable in the period under review, with 
the NAV increasing slightly due to loan interest income received by the 
Fund exceeding its running costs. 
 
   There have been no changes to any unquoted investment valuations but 
there was an increase in the fair value of EKF Diagnostics plc, the 
Funds only quoted investment, of GBP13,000. 
 
   Investment activity 
 
   During the period under review, Octopus VCT plc made no new additions to 
the portfolio. The Fund did, however, make one full disposal in Salus 
Services 2 realising a small loss of GBP10,000 on an investment of 
GBP1,000,000.  Salus Services 2 was a special acquisition vehicle that 
was created to target a specific investment opportunity in the 
healthcare sector, however, this specific opportunity is now no longer 
being targeted so the vehicle is no longer required. 
 
   Top ten investment portfolio by value as at 31 May 2013 
 
 
 
 
                                            Carrying value 
Company                Investment class        GBP'000         % of Net Assets 
CSL Dualcom Holdings 
 Limited              Security                          3,839             7.7% 
Helaku Power Limited  Solar                             3,277             6.6% 
Borro Loan 2 Limited  Pawn Broking                      2,000             4.0% 
Shakti Power Limited  Solar                             1,665             3.3% 
GreenCo Services 2 
 Limited              Solar                             1,600             3.2% 
3AM Music Limited     Media                             1,500             3.0% 
Healthcare Services 
 and Technology 
 Limited              Solar                             1,500             3.0% 
Personnel Advisory 
 Services Limited     Solar                             1,000             2.0% 
Saas Business 
 Services Limited     Solar                             1,000             2.0% 
Resilient Corporate 
 Services Limited     Solar                             1,000             2.0% 
 
   Dividends 
 
   As announced in the recently published Annual report and accounts, the 
final dividend of 1.0p per share for the year ended 28 February 2013 
will be paid on the 24 July 2013 to those shareholders on the register 
on 28 June 2013. 
 
   Material events and transactions 
 
   The Fund's Board is not aware of any other significant event or 
transaction which has occurred between the 1 June 2013 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: 
 
   Benjamin Davis - 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#1716950 
 
 
 
 

Oberon Aim Vct (LSE:OVCT)
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De Dic 2024 a Ene 2025

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