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Elderstreet Draper Esprit VCT Net Asset Value Declines In Full-Year

Mon, 30th Jul 2018 18:33

LONDON (Alliance News) - Elderstreet Draper Esprit VCT PLC on Monday its net asset value per share grew in its recently ended financial year.

NAV per share fell over the year to the end of March to 57.5 pence from 59.8p.

The company declared a final dividend of 1.5p, unchanged year-on-year, taking the annual payout to 3.0p.

Shares in Elderstreet closed 8.1% lower on Monday at 51.00p each.

During the period, the company made five new and two follow-on investments totalling GBP5.6 million. At the period end, Elderstreet held a portfolio of 26 venture capital investments valued at GBP20.8 million.

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