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Half-year Report

12 Jun 2024 16:08

RNS Number : 2014S
Income & Growth VCT (The) PLC
12 June 2024
 

THE INCOME & GROWTH VCT PLC

 

LEI: 213800FPC15FNM74YD92

 

 

UNAUDITED HALF-YEAR RESULTS FOR THE SIX MONTHS TO 31 MARCH 2024

The Income & Growth VCT plc ("the Company") today announces its Half-Year results for the six months to 31 March 2024.

Financial Highlights

As at 31 March 2024:

Net assets: £115.29 million

Net asset value ("NAV") per share: 74.29 pence

 

Results for the six months to 31 March 2024:

· Net asset value ("NAV") total return1 (including dividends) per share was 2.5%.

· Share price total return1 (including dividends) per share was 4.8%.

· The Board declared an interim dividend in respect of the current year of 3.00 pence per share which was paid to Shareholders on 7 June 2024.

· The Company made four new investments of £3.63 million and four follow-on investments of £1.12 million.

· Proceeds of £3.88 million were received from one realisation.

 

1 Alternative Performance Measure ("APM"). See Glossary of terms in the Half-Year Report.

 

 

The Half-Year report can be downloaded via the Company's website at:  www.incomeandgrowthvct.co.uk.

 

A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

 

For further information, please contact:

 

Gresham House Asset Management Limited

Company Secretary

 

mobeusvcts@greshamhouse.com

+44 20 7382 0999

 

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