28 March 2022
Triple Point VCT 2011 plc
(the "Company")
Venture Share Class Net Asset Value
Venture Share Class Net Asset Value (NAV)
The Company announces that the unaudited NAV per Venture Share as at 22 March 2022 is 113.02 pence per share (as at 31 January 2022 the unaudited NAV was 111.69 pence per share).
The Venture Share NAV has increased as a result of various developments in the portfolio including the exit of a investee company at a share price higher than the price at which it had previously been valued. The increase in the Venture Share NAV as at 22 March 2022 also incorporates downward provisions being applied against some Venture investee companies as a result of their underperformance.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
| Triple Point Investment Management LLP (Investment Manager) | Tel: 020 7201 8989 |
| Belinda Thomas Ian McLennan |
|
|
|
|
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.