LONDON (Alliance News) - Maven Income & Growth VCT PLC's manager is engaged with several investee companies and prospective acquirers at various stages of a potential exit process, according to the company's first half report Tuesday.
"This realisation activity reflects the increasing maturity of a number of holdings, but it should be noted that there can be no certainty that these discussions will lead to profitable sales," according to the statement.
The company reported a net asset value total return of 124.9 pence per share at the end of August, up from 123.4p at the end of February.
Its NAV at the end of August was 66.1p per share after payment of the final dividend of 3.5p.
The VCT is managed by Maven Capital Partners.
The company's shares were Tuesday quoted up 0.8% at 64.00 pence.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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Maven Income 1 (MIG1)