LONDON (Alliance News) - Foresight VCT PLC Thursday posted a decline in net asset value per ordinary share in the quarter ended March 31.
The venture capital trust posted a NAV per ordinary share of 92.0 pence as at March 31, down from 101.0 pence as at December 31.
NAV per planned exit share at March 31, however, rose to 93.7 pence compared to 82.5 pence. NAV per infrastructure share was flat at 91.5 pence.
During the quarter, in its ordinary share portfolio, the trust invested in Whitchurch Ltd, Kingsclere Ltd and Cole Henry Ltd. It made further investments in AlwaysOn Ltd and DCG Group Ltd, and sold its investment in Abacuswood Ltd.
In its planned exit shares portfolio it made no new investments in the quarter, made further investments in DCG and sold its investment in Withion Power Ltd.
In its infrastructure shares portfolio it made no new investments or further investments, and sold its investment in Norwhich Infrastructure Ltd.
Shares in Foresight VCT PLC were trading down 0.6% at 81.00 pence Thursday afternoon.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @hanassallnews
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