Last checked at 
28 Nov 2019 16:26
Portfolio Update
Octopus AIM VCT 2 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 | 442 | 3,914 | 4,356 |
| Craneware plc | Finance and Credit Services | 479 | 3,193 | 3,672 |
| Learning Technologies Group plc | Software and Computer Services | 746 | 2,764 | 3,510 |
| Breedon Group plc | Construction and Materials | 573 | 2,577 | 3,150 |
| Ixico plc | Pharmaceuticals, Biotechnology | 751 | 1,154 | 1,905 |
| Ergomed plc | Pharmaceuticals, Biotechnology | 960 | 917 | 1,877 |
| Quixant plc | Technology Hardware and Equipment | 391 | 1,188 | 1,579 |
| Judges Scientific plc | Electronic and Electrical Equipment | 209 | 1,263 | 1,472 |
| Creo Medical Group plc | Medical Equipment and Services | 981 | 463 | 1,444 |
| Animalcare Group plc | Pharmaceuticals, Biotechnology | 824 | 602 | 1,426 |
| EKF Diagnostics Holdings plc | Medical Equipment and Services | 864 | 553 | 1,417 |
| Brooks Macdonald Group plc | Investment Banking and Brokerage Services | 610 | 787 | 1,397 |
| Sosander plc | Retailers | 998 | 299 | 1,297 |
| IDOX plc | Software and Computer Services | 356 | 925 | 1,281 |
| Adept Telecom plc | Telecommunications Service Providers | 502 | 730 | 1,232 |
| Popsa Holdings Ltd* | Software and Computer Services | 640 | 531 | 1,171 |
| RWS Holdings plc | Industrial Support Services | 99 | 912 | 1,011 |
| Equals Group plc (previously Fairfx) | Industrial Support Services | 632 | 327 | 959 |
| Hasgrove plc* | Gas, Water and Multi-utilities | 153 | 800 | 953 |
| Scientific Digital Imaging plc | Medical Equipment and Services | 119 | 753 | 872 |
| Next Fifteen Communications Group plc | Media | 344 | 473 | 817 |
| Diaceutics plc | Health Care Providers | 620 | 155 | 775 |
| Vertu Motors plc | Retailers | 777 | (20) | 757 |
| Advanced Medical Solutions Group plc | Medical Equipment and Services | 495 | 246 | 741 |
| Gamma Communications plc | Telecommunications Service Providers | 244 | 492 | 736 |
| Gooch & Housego plc | Technology Hardware and Equipment | 281 | 454 | 735 |
| Intelligent Ultrasound plc | Medical Equipment and Services | 799 | (80) | 719 |
| Nasstar plc | Software and Computer Services | 320 | 391 | 711 |
| The Panoply Holdings plc | Software and Computer Services | 653 | 53 | 706 |
| Access Intelligence plc | Software and Computer Services | 589 | 103 | 692 |
| Clinigen Group plc | Pharmaceuticals, Biotechnology | 469 | 177 | 646 |
| Osirium Technologies plc | Software and Computer Services | 1,300 | (683) | 617 |
| C4X Discovery plc | Pharmaceuticals, Biotechnology | 600 | 0 | 600 |
| Gear4music Holdings plc | Leisure Goods | 372 | 190 | 562 |
| Cello Group plc | Health Care Providers | 205 | 351 | 556 |
| Netcall plc | Software and Computer Services | 356 | 184 | 540 |
| Restore plc | Industrial Support Services | 171 | 366 | 537 |
| Renalytix plc | Medical Equipment and Services | 246 | 262 | 508 |
| Beeks Financial Cloud Group plc | Software and Computer Services | 302 | 199 | 501 |
| VR Education Holdings plc | Software and Computer Services | 689 | (241) | 448 |
| Trackwise Designs plc | Technology Hardware and Equipment | 700 | (300) | 400 |
| Cloudcall | Software and Computer Services | 380 | 8 | 388 |
| Maxcyte Inc | Pharmaceuticals, Biotechnology | 690 | (323) | 367 |
| MyCelx Technologies Corporation | Gas, Water and Multi-utilities | 980 | (622) | 358 |
| Nektan Limited | Travel and Leisure | 893 | (542) | 351 |
| Mattioli Woods plc | Investment Banking and Brokerage Services | 101 | 244 | 345 |
| Vectura Group plc | Pharmaceuticals, Biotechnology | 332 | (11) | 321 |
| Falanx Group Limited | Industrial Support Services | 600 | (280) | 320 |
| Fusion Antibodies plc | Health Care Providers | 385 | (66) | 319 |
| Omega Diagnostics Group plc | Medical Equipment and Services | 318 | (32) | 286 |
| PCI-Pal plc | Industrial Support Services | 480 | (204) | 276 |
| KRM22 plc | Closed End Investments | 454 | (218) | 236 |
| TP Group plc | Aerospace and Defense | 452 | (220) | 232 |
| WANdisco plc | Software and Computer Services | 96 | 131 | 227 |
| appScatter Group*plc | Software | 838 | (616) | 222 |
| Enteq Upstream plc | Oil, Gas and Coal | 687 | (495) | 192 |
| LoopUp Group plc | Software and Computer Services | 307 | (117) | 190 |
| Microsaic Systems plc | Electronic and Electrical Equipment | 922 | (750) | 172 |
| Velocity Composites plc | Aerospace and Defense | 533 | (364) | 169 |
| Cambridge Cognition Holdings plc | Health Care Providers | 400 | (257) | 143 |
| DP Poland plc | Travel and Leisure | 678 | (536) | 142 |
| Staffline Recruitment Group plc | Industrial Support Services | 225 | (104) | 121 |
| Escape Hunt plc | Travel and Leisure | 659 | (551) | 108 |
| Brady plc | Software and Computer Services | 424 | (334) | 90 |
| Rated People Ltd* | Software | 236 | (148) | 88 |
| Fusionex International plc* | Software | 188 | (109) | 79 |
| ReNeuron Group plc | Pharmaceuticals, Biotechnology | 216 | (165) | 51 |
| Mears Group plc | Support Services | 51 | (5) | 46 |
| Maestrano Group plc | Software and Computer Services | 424 | (390) | 34 |
| Tasty plc | Travel and Leisure | 336 | (303) | 33 |
| Genedrive Plc | Pharmaceuticals, Biotechnology | 140 | (112) | 28 |
| 1Spatial plc | Software and Computer Services | 200 | (180) | 20 |
| Diurnal Group plc | Pharmaceuticals, Biotechnology | 88 | (74) | 14 |
| Midatech Pharma plc | Pharmaceuticals, Biotechnology | 400 | (394) | 6 |
| Location Sciences Group plc | Software and Computer Services | 509 | (504) | 5 |
| Haydale Graphene Industries plc | Industrial Materials | 399 | (395) | 4 |
| Bond International Software plc* | Software | 1 | 0 | 1 |
Since 31 October 2019 there have been no new investments
Since 31 October 2019 there have been 3 disposals with a value of £990,166
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 | 6,162 | 312 | 6,474 |
| Octopus Portfolio Manager - Defensive Capital Growth | n/a | 6,077 | 233 | 6,310 |
| Money Market Funds | n/a | 3,472 | 0 | 3,472 |
| Octopus UK Micro Cap Growth Fund | n/a | 2,200 | 594 | 2,794 |
| Octopus UK Multi Cap Income Fund | n/a | 552 | 83 | 635 |
Since 31 October 2019 there has been 1 further investment into Octopus UK Multi Cap Income Fund of £66,000
For further information, please contact:
Graham Venables Octopus Company Secretarial Services Limited
Tel: 02039353803