RNS Number : 7271Z
  Acuity VCT PLC
  23 July 2008
   

    Acuity VCT Plc ("the Company") 
    Interim Management Statement
    23 July 2008
    This is an Interim Management Statement issued by the Company in accordance with FSA's disclosure and transparency rule 4.3. This
statement relates to the three month period from 1 April 2008 to 30 June 2008.

    Rupert Pennant-Rea, Acuity VCT Plc's Chairman, said:

    "There has been no material change in the outlook of the Company in the period, despite the uncertain economic environment and falls in
the UK stock market. The Fund has been helped by its diversity and weighting in unquoted companies."

    Investments and realisations

    The Company invested a total of �0.1 million in the three months to 30 June 2008. This brings the total invested in the nine months to
30 June 2008 to �3.7million.  Investments for the equivalent nine month period last year were �2.1 million.

    The only investment in the period was a follow-on investment of �0.1million in Hill Station. Hill Station PLC is a manufacturer of ice
cream. 

    During the three months to 30 June 2008, the Company received proceeds from a partial realisation of its holding in Electra Private
Equity, totalling �0.4 million, bringing realisation proceeds to �2.4 million for the nine months to 30 June 2008 (2007: �1.9 million)

    After the quarter end the Company made further follow-on investments in Ma Hubbards, Emote Games and Acrobat Group, totalling �0.6
million. It also received proceeds totalling �0.3 million from a further sale from its holding in Electra Private Equity.

    Share Buybacks

    During the three months to 30 June 2008, 127,507 ordinary shares were bought back by the Company for cancellation.  No new shares were
issued.

    Since 30 June 2008 the Company has not acquired any shares for cancellation.

    The number of ordinary shares in issue was 19,274,877 and the number of C shares in issue was 9,093,156 as at 23 July 2008.


    Ends

    For information please contact:

    Nick Ross, Director Acuity VCT Plc
    020 7306 3901

    This statement aims to give an indication of material events and transactions that have taken place during the period from 1 April 2008
to the date of publication of this statement and their impact on the financial position of Acuity VCT Plc. These indications reflect the
Board's current view. They are subject to a number of risks and uncertainties and could change. Factors which could cause or contribute to
such differences include, but are not limited to, general economic and market conditions and specific factors affecting the financial
prospects or performance of individual investments within the Company's portfolio.


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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