Last checked at 
3 Nov 2008 14:58
Close Technology & General VCT PLC Interim Management Statement
Introduction
Financial Position and Performance
Portfolio
Ordinary share portfolio
| Investment | Existing/New investee company | £'000s |
| Bravo Inns II Limited | New | 155 |
| Prime Care Holdings Limited | New | 100 |
| Xceleron Limited | Existing | 98 |
| Bravo Inns II Limited | New | 60 |
| Red-M Group Limited | Existing | 30 |
| GB Pub Company VCT Limited | Existing | 18 |
| Vibrant Energy Surveys Limited | Existing | 15 |
| Clear Pub Company VCT Limited | Existing | 11 |
| Rostima Limited | Existing | 3 |
C share portfolio
| Investment | Existing/New investee company | £'000s |
| Bravo Inns II Limited | New | 1,085 |
| Prime Care Holdings Limited | New | 350 |
| Xceleron Limited | Existing | 118 |
| Vibrant Energy Surveys Limited | Existing | 69 |
| Rostima Limited | Existing | 36 |
| Clear Pub Company VCT Limited | Existing | 33 |
Top Ten Qualifying Holdings (merged portfolios) as at 30 September 2008
| Holding | Carrying Value £'000s |
| Chichester Holdings Limited | 2,229 |
| Evolutions Television Limited | 1,796 |
| Kensington Health Clubs Limited | 1,759 |
| The Q Garden Company Limited | 1,220 |
| The Weybridge Club Limited | 1,130 |
| Bravo Inns Limited | 1,040 |
| Blackbay Limited | 1,026 |
| Peakdale Molecular Limited | 1,018 |
| Clear Pub Company VCT Limited | 919 |
| Dexela Limited | 918 |
Material Events and Transactions
In the period from 1 July 2008 to 3 November 2008, your Company re-purchased 193,386 Ordinary shares at a price of 91.5 pence per share and 7,000 C shares at a price of 79 pence per share. These shares will be held in treasury. Buy-backs of treasury shares during the period were transacted through Winterflood Securities Limited, a subsidiary of Close Brothers Group plc, the ultimate parent company of the Manager.
The Company continues to offer a Dividend Reinvestment Scheme to existing shareholders. On 3rd October 2008 the Company allotted 27,103 ordinary shares of 50p each and 49,618 C ordinary shares of 50p each in the capital of the Company. The ordinary shares were issued at a price of 106.1p and the C shares were issued at a price of 87.9p. Details of this Scheme can be found at www.closeventures.co.uk/Our Funds/Close Technology & General VCT PLC.
There have been no further significant events or transactions that the Board are aware of which would have a material impact on the financial position of the Company between the 1 July2008 and 3 November 2008.
Information regarding historic and current financial performance and other useful shareholder information can be found on the Funds website under www.closeventures.co.uk/Our Funds/Close Technology & General VCT PLC.
3 November 2008
For further information, please contact:
Patrick Reeve
Close Ventures Limited
Tel: 020 7422 7830