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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