7 Mar 2022 15:30
7 March 2022
Triple Point VCT 2011 plc
(the "Company")
Dividend Declaration
Further to the announcement on 29 November 2021 regarding the sale of hydroelectric assets, the Board of Triple Point VCT 2011 plc has today resolved to pay an interim dividend of 10p per share to B Ordinary Class Shareholders. The dividend will be paid on 31 March 2022 to B Ordinary Class Shareholders on the register at the close of business on 18 March 2022. The ex-dividend date will be 17 March 2022.
The interim dividend declared today returns to B Shareholders the majority of the net proceeds of sale of hydroelectric assets as announced on 29 November 2021. A portion of the proceeds have been retained to ensure that the share class can continue to meet all of its relevant costs and fees, including running costs.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Triple Point Investment Management LLP (Investment Manager) | Tel: 020 7201 8989 |
Belinda Thomas Ian McLennan |
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The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.