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2 Jul 2007 15:40
TriVest VCT plc (the "Company")
2 July 2007
Net Asset Value
On 30 April 2007, TriVest VCT plc announced that the unaudited bid price net asset value per share (excluding current year income) of the Company as at close of business on 31 March 2007 was 111.00 pence per Ordinary Share. This included the value of its investment in Oxonica plc at the then current bid price of 118 pence per share. Dealings in Oxonica's shares on AIM were suspended on 27 April 2007, but re-listed on 6 June 2007.
Since re-listing, the Board of TriVest VCT plc has noted the high volatility of Oxonica's share price. The Board advises that, for every 10p change in Oxonica's share price, the net asset value per share in TriVest VCT plc changes by approximately 1.3 pence per share.
The Board intends to make the normal announcement of the Company's net asset value as at 30 June 2007 by the end of July 2007.
TRIVEST VCT PLC
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