Portfolio and NAV Update
March 02 2023 - 1:00PM
Portfolio and NAV Update
THIS ANNOUNCEMENT HAS BEEN
DETERMINED BY THE COMPANY TO
CONTAIN INSIDE INFORMATION FOR THE PURPOSES OF THE UK VERSION OF
MARKET ABUSE REGULATION (EU) NO. 596/2014, WHICH IS PART OF UK LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED.
UPON PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS
NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
Albion Enterprise VCT
PLCLEI Code
213800OVSRDHRJBMO720Portfolio and
NAV Update
Albion Enterprise VCT PLC (the “Company”) is
pleased to report that a company within its portfolio is undergoing
an external fundraising process. There is no certainty that this
will complete, or complete on the basis of the proposed terms.
However, the Manager’s view of the current
effect of this event, on the valuation of that portfolio interest
and its impact on the Company's net asset value (“NAV”), as at
today’s date, is an unaudited uplift of 7.04 pence per share
(5.87%) to the most recently announced 31 December 2022 unaudited
NAV (adjusted for the dividend paid on 28 February 2023).
Therefore, the effective unaudited NAV of the Company is now 126.87
pence per share. This revised unaudited NAV only reflects an
adjustment in respect of the portfolio interest referred to above,
and does not reflect a revaluation of the entire portfolio.
A further update will be made in due course, if
required, otherwise further information will be included in the
Annual Report & Financial Statements for the year ended 31
March 2023, at which point the entire portfolio will have been
revalued to take account of recent events. This is expected to be
published in late June 2023.
For further information please contact: Vikash
HansraniOperations Partner Albion Capital Group LLP Telephone: 020
7601 1850
2 March 2023
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Albion Enterprise Vct (LSE:AAEV)
Historical Stock Chart
From Jul 2023 to Jul 2024