RNS Number : 4088Z
  Ventus 3 VCT PLC
  18 July 2008
   

    VENTUS 3 VCT PLC

    Interim Management Statement - 18 July 2008

    Ventus 3 VCT plc (the "Company") presents its first interim management statement for the financial year ending 28 February 2009, as
required by the UK Listing Authority's Disclosure and Transparency Rule 4.3.

    The Company published its Annual Report and Financial Statements on 2 June 2008 covering the second full year of investment activity.
This interim management statement summarises the information as at the date of the Annual Report and Financial Statements and further
developments up to the date of this statement. 

    Dividends

    The final dividend for the year ended 29 February 2008 of 1.40 pence per share was approved at the Annual General Meeting on 4 July
2008. The final dividend was paid on 14 July 2008 to all shareholders on the register as at the close of business on 13 June 2008 and
resulted in a total annual dividend of 2.40 pence per share.

    Net Asset Value

    Net Asset Value ("NAV") as at 29 February 2008 totalled �10.5 million or 93.8 pence per share. Other than as a result of the payment of
the final dividend on 14 July 2008 there has been no significant change in NAV between 29 February 2008 and the date of this statement.

    Investments

    As at the date of this statement, the Company has made investments and/or contractually committed to invest in fourteen companies
representing total funds invested and committed of �4.0 million.

    Included in this amount is �3.2m of qualifying investments which represents 46% of the amount required to be invested in qualifying
investments by 1 March 2009 in order for the Company to comply with HM Revenue & Customs' VCT regulations.

    In addition the Company has recently entered into an exclusivity agreement in respect of a further qualifying investment of �0.7
million.  

    For further details of the Company's investments please see the Investment Manager's Report in the Annual Report and Financial
Statements for the year ended 29 February 2008.

    Other than described above, the Board is not aware of any events during the period from 1 March 2008 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
    18 July 2008

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