Calculus VCT Statutory Account Press Release – 9 May 2019.pdf

2019-Calculus-VCT-Statutory-Account-press-release-09.05.2019.pdf
Preview of Calculus VCT Statutory Account press release – 9 May 2019
🔗 Source: calculuscapital.com
📊 Size: 622 KB
👤 Author: Natalie Evans
⬇️ Downloads: 147

Summary

Calculus VCT plc's Annual Financial Report for the year ended 28 February 2019 shows a net asset value per share of 75.84p, down from 87.0p in 2018. The company proposes a final dividend of 3.40p per share, and its total return per share is (7.27)p. The company's investment objective is to invest in a diverse portfolio of UK growth companies, and its dividend objective is to maintain a regular tax-free annual dividend of 4.5% of NAV. The company made 10 new investments and raised over £5.5m through the issue of new Ordinary shares. The board is pleased with the progress of some portfolio companies, including Every1Mobile Limited and Open Energy Market Limited, but notes that others, such as Scancell Holdings plc and Terrain Energy Limited, have experienced losses. The company's chairman is retiring and will be stepping down at the conclusion of the year's AGM, to be replaced by Jan Ward CBE.

Description

Calculus VCT plc's Annual Financial Report for the year ended 28 February 2019 shows a net asset value per share of 75.84p, down from 87.0p in 2018.

Technical Information

  • File Format: PDF
  • File Size: 622 KB
  • Pages: 37
  • Language: EN
  • Author: Natalie Evans
  • Total Downloads: 147
  • Last Updated: 4 weeks ago

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