RNS Number : 5570S
Triple Point VCT 2011 PLC
14 July 2022
 

14 July 2022

Triple Point VCT 2011 plc

(the "Company")

 

A and B Share Class Net Asset Values


The Company

The Company's funds at 31 May 2022 were invested in a portfolio of VCT qualifying and non-qualifying unquoted investments.


A Share Class

·      The Net Asset Value at 31 May 2022 was 13.26p per share.

·      During the 3-month period to 31 May 2022 the A Share Class made a small profit of 0.0071p per share.

·      Total dividends paid to date to A Shareholders is 106.50 pence per share.

·      At 31 May 2022 Net Asset Value plus dividends paid ("Total Shareholder Return") was 119.76p per share.

·    At 31 May 2022, 100% of the A Shares unquoted investment portfolio was in the Hydroelectric Power sector.

 

B Share Class

·      The Net Asset Value at 31 May 2022 was 47.58p per share.

·      During the 3-month period to 31 May 2022 the B Share Class made a small loss of 0.12p per share.

·      Total dividends paid to date to B Shareholders is 20.00 pence per share.

·      At 31 May 2022, 100% of the B Shares unquoted investment portfolio was in the Gas Power sector.

 

Net Assets at 31 May 2022:






A Shares

B Shares


£'000

£'000

VCT qualifying unquoted investments

533

2,969

VCT non-qualifying unquoted investments

-

-

Cash and cash equivalents

631

378

Total Investments

1,164

3,347

Other assets & liabilities

129

(126)

Net assets

1,293

3,221

Net asset value per share (pence)

13.26

47.58

 

Net Assets at 28 February 2022:






A Shares

B Shares


£'000

£'000

VCT qualifying unquoted investments

533

2,969

VCT non-qualifying unquoted investments

233

1,096

Cash and cash equivalents

433

(31)

Total Investments

1,199

4,034

Other assets & liabilities

92

(131)

Net assets

1,291

3,903

Net asset value per share (pence)

13.25

57.69

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

  Triple Point Investment Management LLP

  (Investment Manager)

Tel: 020 7201 8989

  Belinda Thomas

  Ian McLennan

  Seb Wallace


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.

 

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