Maven Grwth 3 Regulatory News (MIG3)

9 Apr 2009 13:06



Aberdeen Growth Opportunities VCT PLC 

Interim Management Statement 

1. Net Asset Value

The Ordinary share net asset value (NAV) was 79.3p at 28 February 2009 (80.6p at 30 November 2008).

The NAVs shown above is unaudited and reflects the closing bid prices of quoted securities at 28 February 2009. Unlisted companies are normally valued on a six-monthly basis and the NAVs  include the Directors' valuations of unlisted investments as at 30 November 2008 adjusted for  material developments within the portfolios since that date.  

2. Investments and disposals

During the quarter ended 28 February 2009, investments totalling £702,000 were made in three unlisted or AIM/PLUS quoted companies.During the same period, a combination of partial and complete disposals of four investments generated aggregate proceeds of £222,310 against cost of £236,222. 

There were no other material transactions during the period under review. 

3. Recent developments

No further investments have been made since 28 February 2009.

Being invested mainly in unlisted companies, the portfolio is to some degree protected from the current volatility of stock markets. The Board is not aware of any other events or transactions that have taken place between 28 February 2009 and the date of publication of this statement and which would have had a material impact on the financial position of the Company.

Issued on behalf of the Board

Aberdeen Asset Management PLC, Secretary

9 April 2009