Last checked at 
28 Nov 2019 16:28
Portfolio Update
Octopus AIM VCT plc
28 November 2019
Portfolio Update
The investment portfolio of Octopus AIM VCT plc (the "Company") as at 28 November 2019 is as follows (the valuations being the unaudited valuations, at bid price, as at 31 October 2019):
| Investee Company | Sector | Book cost (£000) | Movement in valuation (£000) | Fair Value (£000) |
| GB Group plc | Software and Computer Services | 663 | 5,871 | 6,534 |
| Learning Technologies Group plc | Software and Computer Services | 1,118 | 4,145 | 5,263 |
| Breedon Group plc | Construction and Materials | 859 | 3,863 | 4,722 |
| Craneware plc | Finance and Credit Services | 183 | 3,060 | 3,243 |
| Brooks Macdonald Group plc | Investment Banking and Brokerage Services | 746 | 2,209 | 2,955 |
| Ixico plc | Pharmaceuticals, Biotechnology | 1,127 | 1,731 | 2,858 |
| Mattioli Woods plc | Investment Banking and Brokerage Services | 529 | 2,322 | 2,851 |
| Ergomed plc | Pharmaceuticals, Biotechnology | 1,440 | 1,376 | 2,816 |
| Quixant plc | Technology Hardware and Equipment | 587 | 1,782 | 2,369 |
| Judges Scientific plc | Electronic and Electrical Equipment | 314 | 1,894 | 2,208 |
| Creo Medical Group plc | Medical Equipment and Services | 1,471 | 694 | 2,165 |
| Sosandar plc | Retailers | 1,498 | 449 | 1,947 |
| EKF Diagnostics Holdings plc | Medical Equipment and Services | 931 | 841 | 1,772 |
| Popsa Holdings Ltd* | Software and Computer Services | 960 | 796 | 1,756 |
| IDOX plc | Software and Computer Services | 353 | 1,251 | 1,604 |
| Cello Group plc | Health Care Providers | 895 | 618 | 1,513 |
| Adept Telecom plc | Telecommunications Service Providers | 601 | 874 | 1,475 |
| RWS Holdings plc | Industrial Support Services | 143 | 1,317 | 1,460 |
| Equals Group plc | Industrial Support Services | 948 | 490 | 1,438 |
| Scientific Digital Imaging plc | Medical Equipment and Services | 179 | 1,129 | 1,308 |
| Next Fifteen Communications Group plc | Media | 515 | 710 | 1,225 |
| Diaceutics plc | Health Care Providers | 930 | 232 | 1,162 |
| Advanced Medical Solutions Group plc | Medical Equipment and Services | 743 | 369 | 1,112 |
| Gamma Communications plc | Telecommunications Service Providers | 366 | 738 | 1,104 |
| Gooch & Housego plc | Technology Hardware and Equipment | 422 | 681 | 1,103 |
| Intelligent Ultrasound Group plc | Medical Equipment and Services | 1,199 | (120) | 1,079 |
| Vertu Motors plc | Retailers | 1,265 | (188) | 1,077 |
| Nasstar plc | Software and Computer Services | 481 | 586 | 1,067 |
| The Panoply Holdings plc | Software and Computer Services | 979 | 79 | 1,058 |
| Hasgrove plc* | Media | 88 | 899 | 987 |
| Access Intelligence plc | Software and Computer Services | 806 | 178 | 984 |
| Clinigen Group plc | Pharmaceuticals, Biotechnology | 701 | 265 | 966 |
| Osirium Technologies plc | Software and Computer Services | 1,950 | (1,025) | 925 |
| C4X Discovery plc | Pharmaceuticals, Biotechnology | 900 | 0 | 900 |
| Animalcare Group plc | Pharmaceuticals, Biotechnology | 306 | 591 | 897 |
| Gear4music Holdings plc | Leisure Goods | 557 | 285 | 842 |
| Restore plc | Industrial Support Services | 256 | 549 | 805 |
| Beeks Financial Cloud Group plc | Software and Computer Services | 450 | 297 | 747 |
| Netcall plc | Software and Computer Services | 308 | 432 | 740 |
| VR Education Holdings plc | Software and Computer Services | 1,033 | (362) | 671 |
| Renalytix plc | Medical Equipment and Services | 307 | 327 | 634 |
| Trackwise Designs plc | Technology Hardware and Equipment | 1,050 | (450) | 600 |
| Cloudcall Group plc | Software and Computer Services | 570 | 11 | 581 |
| Maxcyte Inc | Pharmaceuticals, Biotechnology | 1,035 | (485) | 550 |
| MyCelx Technologies Corporation | Gas, Water and Multi-utilities | 1,470 | (933) | 537 |
| Nektan Limited | Travel and Leisure | 1,345 | (813) | 532 |
| Vectura Group plc | Pharmaceuticals, Biotechnology | 498 | (16) | 482 |
| Falanx Group Limited | Industrial Support Services | 900 | (420) | 480 |
| Fusion Antibodies plc | Health Care Providers | 577 | (99) | 478 |
| PCI-Pal plc | Industrial Support Services | 720 | (304) | 416 |
| Omega Diagnostics Group plc | Medical Equipment and Services | 465 | (82) | 383 |
| Staffline Recruitment Group plc | Industrial Support Services | 334 | 24 | 358 |
| KRM22 plc | Closed End Investments | 681 | (327) | 354 |
| WANdisco plc | Software and Computer Services | 145 | 197 | 342 |
| TP Group plc | Aerospace and Defense | 648 | (313) | 335 |
| appScatter Group plc* | Software | 1,257 | (924) | 333 |
| Mears Group plc | Support Services | 139 | 166 | 305 |
| Enteq Upstream plc | Oil, Gas and Coal | 1,032 | (743) | 289 |
| LoopUp Group plc | Software and Computer Services | 460 | (175) | 285 |
| Microsaic Systems plc | Electronic and Electrical Equipment | 1,384 | (1,126) | 258 |
| Velocity Composites plc | Aerospace and Defense | 799 | (545) | 254 |
| Cambridge Cognition Holdings plc | Health Care Providers | 601 | (386) | 215 |
| DP Poland plc | Travel and Leisure | 1,016 | (803) | 213 |
| Escape Hunt plc | Travel and Leisure | 988 | (827) | 161 |
| Rated People Ltd* | Software | 354 | (222) | 132 |
| Brady plc | Software and Computer Services | 613 | (483) | 130 |
| Fusionex International plc* | Software | 282 | (164) | 118 |
| ReNeuron Group plc | Pharmaceuticals, Biotechnology | 324 | (246) | 78 |
| Maestrano Group plc | Software and Computer Services | 636 | (585) | 51 |
| Dods Group plc | Media | 203 | (152) | 51 |
| Tasty plc | Travel and Leisure | 622 | (577) | 45 |
| Genedrive Plc | Pharmaceuticals, Biotechnology | 210 | (168) | 42 |
| 1Spatial plc | Software and Computer Services | 300 | (270) | 30 |
| Diurnal Group plc | Pharmaceuticals, Biotechnology | 132 | (111) | 21 |
| Midatech Pharma plc | Pharmaceuticals, Biotechnology | 600 | (591) | 9 |
| Location Sciences Group plc | Software and Computer Services | 763 | (756) | 7 |
| Haydale Graphene Industries plc | Industrial Materials | 598 | (593) | 5 |
| Bond International Software plc* | Software | 2 | 0 | 2 |
Since 31 October 2019 there have been no new investments
Since 31 October 2019 there have been 3 disposals with a value of £629,339
Unless otherwise stated, all the investments set out above:
- are quoted on AIM or on the London Stock Exchange Full List- represent equity investments except in the case of Nektan and Osirium which include investment via loan stock: and- are in portfolio companies incorporated in the UK with the exception of:
Nektan – GibraltarMycelx – USAVR Education Holdings plc – IrelandMaxcyte Inc – USABReedon Group – JerseyFusionex International – JerseyFalanx Group Limited – Birtish Virgin Islands
*Denotes unlisted company
Current Liquidity Investments
| Investee Company | Sector | Book cost (£000) | Movement in valuation (£000) | Fair Value (£000) |
| Octopus Portfolio Manager - Conservative Capital Growth | n/a | 11,950 | 1,055 | 13,005 |
| Octopus Portfolio Manager - Defensive Capital Growth | n/a | 11,950 | 808 | 12,758 |
| Money Market Funds | n/a | 1,321 | 0 | 1,321 |
| Octopus UK Micro Cap Growth Fund | n/a | 3,300 | 891 | 4,191 |
| Octopus UK Multi Cap Income Fund | n/a | 828 | 124 | 952 |
Since 31 October 2019 there has been 1 further investment into Octopus UK Multi Cap Income Fund of £99,000
For further information, please contact:
Graham Venables Octopus Company Secretarial Services Limited
Tel: 02039353803