AQT3 Acuity Vct 3

 

TIDMAQT3 
 
RNS Number : 9861O 
Acuity VCT 3 PLC 
07 July 2010 
 

                        Acuity VCT 3 Plc ("the Company") 
                          Interim Management Statement 
                       For the quarter ended 30 June 2010 
 
In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK 
Listing Authority, Acuity VCT 3 Plc presents an Interim Management Statement for 
the quarter ended 30 June 2010. The statement also includes relevant financial 
information between the end of the period and the date of this statement. 
 
Unaudited Net Asset Value Per Share as at 30 June 2010 
 
The unaudited net asset value at 30 June 2010 was 83.9p per ordinary share by 
comparison with 88.7p per ordinary share as at 31 March 2010, a decrease of 
5.4%. By comparison, the FTSE All-Share Index and the FTSE AIM All-Share Index 
decreased by 12.6% and 5.8% respectively. In accordance with the company's 
valuation policy the change in the net asset value in the period only reflects 
purchases, sales and price changes in quoted investments and no revaluation of 
the unquoted portfolio was undertaken. 
 
Net Asset Value And Dividends Paid 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
|                                                           |           At 30 June 2010 |          At 31 March 2010 | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
|                                                           |                           |                           | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
| Net assets attributable to ordinary shareholders(GBP,000) |                    28,811 |                    30,519 | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
|                                                           |                           |                           | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
| Net asset value per ordinary share                        |                     83.9p |                     88.7p | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
|                                                           |                           |                           | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
| Cumulative dividends paid per ordinary share              |                      4.5p |                      4.5p | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
|                                                           |                           |                           | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
| Net asset value plus dividends paid per ordinary share    |                     88.4p |                     93.2p | 
+-----------------------------------------------------------+---------------------------+---------------------------+ 
 
Investments and Realisations 
 
The Company made an investment of GBP0.2 million in Loseley Dairy Ice Cream in 
the three months to 30 June 2010. 
 
During the three months to 30 June 2010, the Company received proceeds of GBP1.2 
million from the partial realisation of its investment in Electra Private 
Equity. 
 
Since the quarter end to the date of publication of this statement the Company 
has made a follow on investment of GBP1.0 million in Fin Machine Company. 
 
Share Buybacks 
 
During the three months to 30 June 2010 the Company has acquired 170,000 shares 
for cancellation. As announced to the London Stock Exchange on 16 December 2009, 
the Board has reinstated the buy back programme, authorising the purchase of the 
Company's shares for cancellation up to the lesser amount of 10% of the issued 
share capital of the Company and the value of GBP500,000 at a maximum price 
representing a discount of 15% to the last published NAV of the Company. 
 
The number of ordinary shares in issue was 34,337,164 as at 7th July 2010. 
 
Ends 
For information please contact: 
 
Nick Ross, Director, 
Acuity VCT 3 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 2010 to the date of 
publication of this statement and their impact of the financial position of 
Acuity VCT 3 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 difficulties 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 
 
 IMSRRMJTMBBMBIM 
 

Acuity Vct 3 (LSE:AQT3)
Historical Stock Chart
From Sep 2024 to Oct 2024

Acuity Vct 3 (LSE:AQT3)
Historical Stock Chart
From Oct 2023 to Oct 2024