RNS Number : 1956G
Triple Point Inc VCT - TPVE
22 July 2021
 

22 July 2021

Triple Point Income VCT plc

 

(the "Company")

 

NET ASSET VALUES FOR THE QUARTER ENDED 30 JUNE 2021

 

 

The Company

 

The Company continues to meet all VCT qualifying conditions in respect of its portfolio of VCT unquoted qualifying investments and unquoted and quoted non-qualifying investments.

 

C Share Class

·      The NAV at 30 June 2021 was 83.53p per share.

·      During the three-month period to 30 June 2021 the C Share Class made a profit of 0.06p per share.

·      100% of the C Share Class investments are in the Hydroelectric Power sector, in line with the investment strategy.

·      Total dividends paid to C Class Shareholders to date are equal to 73.50p per share.

 

D Share Class

 

·      The NAV at 30 June 2021 was 60.19p per share.

·      During the three-month period to 30 June 2021 the D Share Class made a profit of 0.60p per share.

·      100% of the D Share investments are in the Hydroelectric Power sector, in line with the investment strategy.

·      Total dividends paid to D Class Shareholders to date are equal to 70.00p per share.

 

 

E Share Class

 

·      The NAV at 30 June 2021 was 94.70p per share.

·      During the three-month period to 30 June 2021 the E Share Class made a profit of 0.08p per share.

·      Total dividends paid to E Class Shareholders to date are equal to 11.50p per share.

·      The table below shows the E Share Class investment portfolio by sector at 30 June 2021:

 

Crematorium Management

1%

Vertical Growing

24%

Quoted Investments

2%

Hydroelectric Power

22%

SME Funding - Hydroelectric Power

13%

SME Funding - Other

10%

Electricity Generation - Other

28%

Based on net asset value.

 

 

 

 

 

 

 

 

 

Net Assets at 30 June 2021:


30 June 2021


C Shares

D Shares

E Shares

Total


£'000

£'000

£'000

£'000

VCT qualifying unquoted investments

11,235

10,036

19,366

40,637

VCT non-qualifying unquoted investments

-

-  

6,692

6,692

VCT non-qualifying quoted investments

-  

-  

570

570


11,235

10,036

26,628

47,899






Cash and cash equivalents

174

(150)

675

699

Total Investments

11,409

9,886

27,303

48,598

Other assets & liabilities

(206)

(1,696)

103

(1,799)

Net assets

11,203

8,190

27,406

46,799

Net asset value per share (p)

83.53

60.19

94.70


 

 

Net Assets at 31 March 2021:

 


31-Mar-21


C Shares

D Shares

E Shares

Total


£'000

£'000

£'000

£'000

VCT qualifying unquoted investments

11,244

10,036

19,369

40,649

VCT non-qualifying unquoted investments

-

               -

6,815

6,815

VCT non-qualifying quoted investments

-  

-  

558

558


11,244

10,036

26,742

48,022






Cash and cash equivalents

120

17

384

521

Total Investments

11,364

10,053

27,126

48,543

Other assets & liabilities

(170)

(1,947)

256

(1,861)

Net assets

11,194

8,106

27,382

46,682

Net asset value per share (p)

83.30

59.59

94.59


 

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Triple Point Investment Management LLP

(Investment Manager)

Tel: 020 7201 8989

 

Jonathan Parr

Belinda Thomas

 


 

The Company's LEI is 213800IXD8S5WY88L245

 

Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-income-vct-plc/s1238/.

 

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