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IN BRIEF: Hargreave Hale AIM VCT posts NAV rise over third quarter

Tue, 10th Aug 2021 12:00

Hargreave Hale AIM VCT PLC - investment firm - For the three months ended June 30, net asset value per share rose 5.5% over the quarter to 100.95 pence from 95.71p.

The strongest contributors within the trust's portfolio includes North Carolina-based MRI equipment developer Polarean Imaging PLC, after receiving an additional research unit order for its 9820 Xenon Polariser system.

The second best performer was digital learnings services provider Learning Technologies Group PLC, after reporting a strong start to its financial year through a strong recovery in its content and services division.

Looking ahead, plans to raise up to GBP20 million, alongside an over-allotment facility to raise up to a further GBP20 million.

Current stock price: 94.98 pence

Year-to-date change: up 20%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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