Interim Management Statement
January 17 2008 - 4:00AM
UK Regulatory
RNS Number:9401L
Ventus 3 VCT PLC
17 January 2008
Ventus 3 VCT PLC
17 January 2008
VENTUS 3 VCT PLC
Interim Management Statement
Ventus 3 VCT plc (the 'Company') presents its second interim management
statement for the financial year ending 29 February 2008, as required by the UK
Listing Authority's Disclosure and Transparency Rule 4.3.
The Company published its Half-yearly Financial Report on 30 October 2007
covering the first half of the second full year of investment activity. This
interim management statement summarises the information as at the date of the
Half-yearly Financial Report and further developments up to the date of this
statement.
Net Asset Value
As at 31 December 2007 the NAV totalled �10.6 million or 94.7 pence per share.
There has been no significant change in NAV between 31 December 2007 and the
date of this report.
Dividends
An interim dividend for the financial year ending 29 February 2008 of 1.00 pence
per share was declared on 30 October 2007. This was paid on 16 January 2008 to
all shareholders on the register as at the close of business on 14 December
2007.
Investments
As at the date of this statement the Company has invested �522,822 in six
companies. �468,822 of this has been structured so as to be treated as
qualifying holdings for the purposes of VCT regulations. The Company has also
entered into exclusivity agreements with six companies in respect of a further
�2.5 million of potential qualifying investments.
For further details of completed investments please see the Investment Manager's
Report in the Company's Half-yearly Financial Report for the period ended 31
August 2007.
Other than described above, the Board is not aware of any events during the
period from 1 September 2007 to the date of this statement which would have had
a material impact on the financial position of the Company.
Issued on behalf of the Board
Capita Company Secretarial Services Ltd,
Company Secretary
17 January 2008
This information is provided by RNS
The company news service from the London Stock Exchange
END
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