Last checked at 
18 Aug 2021 17:53
Portfolio UpdateOctopus AIM VCT 2 plc
18 August 2021
Portfolio Update
The investment portfolio of Octopus AIM VCT 2 plc (the "Company") as at 18 August 2021 is as follows (the valuations being the unaudited valuations, at bid price, as at 31 July 2021):
| Investee Company | Sector | Book cost (£000) | Movement in valuation (£000) | Fair Value (£000) |
| Learning Technologies Group plc | Software and Computer Services | 701 | 5,935 | 6,636 |
| Ergomed plc | Pharmaceuticals and Biotechnology | 849 | 5,243 | 6,092 |
| Breedon Group plc | Construction and Materials | 573 | 4,573 | 5,146 |
| GB Group plc | Software and Computer Services | 337 | 4,442 | 4,779 |
| Maxcyte, Inc. | Pharmaceuticals and Biotechnology | 690 | 2,867 | 3,557 |
| Craneware plc | Health Care Providers | 479 | 2,881 | 3,360 |
| EKF Diagnostics Holdings plc | Medical Equipment and Services | 864 | 2,430 | 3,294 |
| Hasgrove plc* | Media | 153 | 2,898 | 3,051 |
| Trackwise Designs plc | Technology Hardware and Equipment | 1,289 | 1,744 | 3,033 |
| SDI Group plc | Technology Hardware and Equipment | 119 | 2,797 | 2,916 |
| Animalcare Group plc | Pharmaceuticals and Biotechnology | 824 | 1,906 | 2,730 |
| Sosandar plc | Retailers | 1,235 | 1,381 | 2,616 |
| IDOX plc | Software and Computer Services | 356 | 2,192 | 2,548 |
| Gear4music (Holdings) PLC | Leisure Goods | 353 | 2,006 | 2,359 |
| Panoply Holdings plc | Software and Computer Services | 653 | 1,465 | 2,118 |
| Judges Scientific plc | Electronic and Electrical Equipment | 209 | 1,908 | 2,117 |
| Ilika plc | Energy | 706 | 1,334 | 2,040 |
| Renalytix plc | Health Care Providers | 228 | 1,757 | 1,985 |
| Brooks Macdonald Group plc | Investment Banking and Brokerage Services | 610 | 1,154 | 1,764 |
| PCI-Pal plc | Software and Computer Services | 732 | 990 | 1,722 |
| Ixico plc | Pharmaceuticals and Biotechnology | 697 | 996 | 1,693 |
| Intelligent Ultrasound Group plc | Medical Equipment and Services | 1,220 | 398 | 1,618 |
| Netcall plc | Software and Computer Services | 356 | 1,221 | 1,577 |
| Creo Medical Group plc | Medical Equipment and Services | 981 | 587 | 1,568 |
| VR Education Holdings plc | Software and Computer Services | 1,253 | 315 | 1,568 |
| LungLife AI, Inc. | Pharmaceuticals and Biotechnology | 1,386 | 150 | 1,536 |
| Next Fifteen Communications Group plc | Media | 344 | 1,145 | 1,489 |
| Quixant plc | Technology Hardware and Equipment | 391 | 1,010 | 1,401 |
| Popsa Holdings Ltd* | Software and Computer Services | 780 | 618 | 1,398 |
| Access Intelligence plc | Software and Computer Services | 501 | 846 | 1,347 |
| ReNeuron Group plc | Pharmaceuticals and Biotechnology | 1,016 | 170 | 1,186 |
| Spectral MD Holdings Limited | Health Care Providers | 1,410 | (335) | 1,075 |
| Gamma Communications plc | Telecommunications Service Providers | 183 | 808 | 991 |
| Glantus Holdings plc | Industrial Support Services | 1,200 | (235) | 965 |
| RWS Holdings plc | Industrial Support Services | 99 | 857 | 956 |
| Verici Dx plc | Pharmaceuticals and Biotechnology | 264 | 685 | 949 |
| Cambridge Cognition Holdings plc | Health Care Providers | 400 | 543 | 943 |
| Gooch & Housego plc | Technology Hardware and Equipment | 281 | 637 | 918 |
| Diaceutics plc | Health Care Providers | 620 | 261 | 881 |
| Adept Technology Group Plc | Telecommunications Service Providers | 502 | 372 | 874 |
| Vertu Motors plc | Retailers | 776 | 94 | 870 |
| British Honey Company Limited | Retailers | 840 | 31 | 871 |
| Advanced Medical Solutions Group plc | Medical Equipment and Services | 495 | 364 | 859 |
| Fusion Antibodies plc | Health Care Providers | 497 | 245 | 742 |
| In the Style Group Plc | Retailers | 667 | 73 | 740 |
| Beeks Financial Cloud Group plc | Software and Computer Services | 301 | 356 | 657 |
| Polarean Imaging Plc | Medical Equipment and Services | 458 | 175 | 633 |
| GENinCode UK Ltd. | Medical Equipment and Services | 800 | (182) | 618 |
| Restore plc | Industrial Support Services | 171 | 418 | 589 |
| Vectura Group plc | Pharmaceuticals and Biotechnology | 332 | 228 | 560 |
| Clinigen Group plc | Pharmaceuticals and Biotechnology | 469 | (3) | 466 |
| Synairgen plc | Pharmaceuticals and Biotechnology | 98 | 337 | 435 |
| Cloudcall Group plc | Software and Computer Services | 624 | (203) | 421 |
| Evgen Pharma plc | Pharmaceuticals and Biotechnology | 700 | (280) | 420 |
| Osirium Technologies plc Loan Notes | Software and Computer Services | 400 | 0 | 400 |
| Crimson Tide plc | Software and Computer Services | 378 | (25) | 353 |
| Mattioli Woods plc | Investment Banking and Brokerage Services | 101 | 251 | 352 |
| Oberon Investments Group plc | Investment Banking and Brokerage Services | 320 | 16 | 336 |
| DXS International plc | Software and Computer Services | 200 | 75 | 275 |
| Rosslyn Data Technologies plc | Software and Computer Services | 286 | (16) | 270 |
| Maestrano Group plc | Software and Computer Services | 295 | (69) | 226 |
| DP Poland plc | Travel and Leisure | 678 | (457) | 221 |
| Falanx Group Ltd. | Industrial Support Services | 600 | (390) | 210 |
| The Food Marketplace Ltd* | Retailers | 200 | 0 | 200 |
| Eluceda Limited* | Pharmaceuticals and Biotechnology | 200 | 0 | 200 |
| MyCelx Technologies Corp | Oil, Gas and Coal | 980 | (785) | 195 |
| Trellus Health plc | Health Care Providers | 109 | 74 | 183 |
| WANdisco plc | Software and Computer Services | 96 | 85 | 181 |
| Airnow plc* | Software and Computer Services | 838 | (663) | 175 |
| Escape Hunt plc | Travel and Leisure | 659 | (493) | 166 |
| KRM22 plc | Closed End Investments | 454 | (295) | 159 |
| TP Group plc | Aerospace and Defense | 452 | (301) | 151 |
| Genedrive Plc | Pharmaceuticals and Biotechnology | 241 | (90) | 151 |
| Verici DX plc | Pharmaceuticals and Biotechnology | 40 | 106 | 146 |
| Abingdon Health plc | Medical Equipment and Services | 347 | (206) | 141 |
| Feedback plc | Medical Equipment and Services | 200 | (60) | 140 |
| Osirium Technologies plc | Software and Computer Services | 900 | (770) | 130 |
| Velocity Composites plc | Aerospace and Defense | 533 | (408) | 125 |
| Enteq Upstream plc | Oil, Gas and Coal | 687 | (574) | 113 |
| Parsley Box Group plc | Personal Care, Drug and Grocery Stores | 142 | (50) | 92 |
| LoopUp Group plc | Software and Computer Services | 197 | (120) | 77 |
| Tasty plc | Travel and Leisure | 336 | (280) | 56 |
| Microsaic Systems plc | Electronic and Electrical Equipment | 922 | (886) | 36 |
| Mears Group plc | Software and Computer Services | 50 | (17) | 33 |
| Rated People Ltd* | Software and Computer Services | 236 | (205) | 31 |
| Diurnal Group plc | Pharmaceuticals and Biotechnology | 88 | (61) | 27 |
| 1Spatial plc | Software and Computer Services | 200 | (178) | 22 |
| Haydale Graphene Industries plc | Industrial Materials | 399 | (381) | 18 |
| Midatech Pharma plc | Pharmaceuticals and Biotechnology | 400 | (398) | 2 |
| Location Sciences Group plc | Software and Computer Services | 509 | (508) | 1 |
Nektan plc is also in Octopus AIM 2's portfolio but has not been included in the above table as it is currently in administration and Octopus AIM 2 has written down its equity and loan note interest in this company to zero.
Since 31 July 2021 Octopus AIM 2 has made no new investments.
Since 31 July 2021 Octopus AIM 2 has made no disposals.
Unless otherwise stated, all the investments set out above:
- are quoted on public markets;- represent equity investments except in the case of Nektan plc and Osirium Technologies plc which include investment through loan stock; and- are in portfolio companies incorporated in the UK with the exception of:
Breedon Group plc – JerseyMaxcyte Inc – USAVR Education Holdings plc – IrelandFalanx Group Limited – British Virgin IslandsMyCelx Technologies Corp – USANektan plc – Gibraltar
*Denotes unlisted company
Current Asset Investments (unaudited)
| Investee Company | Sector | Book cost (£000) | Movement in valuation (£000) | Fair Value (£000) |
| Octopus UK Micro Cap Growth Fund | n/a | 3,740 | 3,328 | 7,068 |
| Octopus UK Multi Cap Income Fund | n/a | 3,926 | 1,205 | 5,131 |
| Money Market Funds | n/a | 3,486 | 0 | 3,486 |
Since 31 July 2021 there have been no new investments or disposals of current asset investments.
The capitalisation of Octopus AIM 2 as at 31 July 2021 was as follows:
| Shareholders' Equity | £000’s | |
| Called up Equity Share Capital | 13 | |
| Legal Reserves | 47,180 | |
| Other reserves | 83,130 | |
| Total | 130,323 | |
There has been no material change to the capitalisation since 31 July 2021.
For further information, please contact:
Uloma Adighibe
Octopus Company Secretarial Services LimitedTel: 020 3935 4186