DEVC.L Regulatory News (DEVC)

29 Nov 2006 07:03

Elderstreet VCT PLC29 November 2006 Elderstreet VCT plc Net Asset Values 29 November 2006 Elderstreet VCT plc announces that, as at close of business on 31 August 2006,the Net Asset Value per Ordinary Share was 70.4p and Net Asset Value per 'C'Share was 92.5p. The assets and liabilities of the Company at 31 August 2006 are summarised asfollows: Ordinary 'C' Shares Shares Total £'000 £'000 £'000InvestmentsFixed interest investments 1,045 1,045Venture capital investments 8,479 355 8,834 9,524 355 9,879Current assetsDebtors 124 12 136Cash at Bank 1,097 1,065 2,162 1,221 1,077 2,298Creditors: amounts due less than one year (31) (5) (36)Net current assets 1,190 1,072 2,262 Net Assets 10,714 1,427 12,141 Net Asset Value per share 70.4p 92.5p The Company's investment portfolios at 31 August 2006 are summarised as follows: Ordinary Share Pool Cost ValueInvestment Business Activity £'000 £'000Computer Software Group plc* Software 733 2,160Snacktime Ltd Vending machines 750 750Wessex Advanced Switching Products Ltd Manufacturer 51 1,176Oldbury Aluminium Alloys Group Ltd Aluminium recycling 450 450Mediasurface plc* Software 374 384Baldwin & Francis Ltd Manufacturer 150 180Fords Packaging Systems Ltd Manufacturer 83 667European Telecommunications & Technology Ltd Telecom services 450 558UM Holdings Ltd Plant hire and sale 54 484Careforce Group plc* Domiciliary care 190 174InterQuest plc* IT staffing 250 387The National Solicitors' Network Ltd Solicitors' network 901 275Smart Education Ltd Teacher supply agency 460 194Other venture capital investments 2,578 640Total venture capital investments 7,474 8,479Listed fixed income investments 1,052 1,045Cash at bank and in hand 1,097 1,097Total investments and cash 9,623 10,621 'C' Share Pool Cost ValueInvestment Business Activity £'000 £'000Interquest Group plc* IT staffing 100 154Oldbury Aluminium Alloys Group Ltd Aluminium recycling 100 100Ovum plc* IT consultancy 60 52Smart Education Ltd Teacher supply agency 115 49Total venture capital investments 375 355Cash at bank and in hand 1,065 1,065Total investments and cash 1,440 1,420 * Quoted on AIM This information is provided by RNS The company news service from the London Stock Exchange