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Elderstreet VCT Reports 17% Growth In Net Asset Value Per Share

Thu, 28th Aug 2014 15:27

LONDON (Alliance News) - Elderstreet VCT PLC Thursday said its net asset value at June 30 was 89.2 pence per share, an increase of 17% on the prior six months and 27% on a year earlier.

At June 30, the venture capital trust's net asset value per share stood at 89.2 pence, an increase of 17% since December 31, 2013, when it reported a NAV per share of 78.0 pence. Its NAV per share was 70.3 pence at June 30, 2013.

Elderstreet said its total return per share was 153.2 pence at June 30, compared with 140.0 pence at December 31.

Shares in the company were trading 1.7% lower Thursday afternoon, at 72.25 pence.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved.

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