Interim Management Statement
2009年6月15日 - 9:40PM
RNSを含む英国規制内ニュース (英語)
TIDMSFA
RNS Number : 9064T
Singer & Friedlander AIM 3 VCT PLC
15 June 2009
Singer & Friedlander AIM 3 VCT plc
INTERIM MANAGEMENT STATEMENT
For the period 31st January 2009 to 15th June 2009
Introduction
This is the Interim Management Statement from the Board under the Disclosure and
Transparency Rules.
Investment Strategy
The objective of the Company is to provide shareholders with an attractive and
competitive investment return from a portfolio of companies whose shares are
primarily traded on the Alternative Investment Market (AIM). Returns will be
enhanced as a consequence of dividends and capital gains being free of tax for
private investors.
Material Events plus financial implications
The Board does not consider that there are any material events giving rise to
financial implications that are not covered in the following sections.
Material Transactions plus financial implications
Since our Annual Report for the financial year to 31 January 2009 the market
initially weakened further until late March since when it has seen something of
a recovery. There has also been an increase in the number of companies seeking
to raise VCT qualifying funds enabling us to consider investing in some of these
opportunities as we envisaged at the time of the Annual Report. Details of the
investments made so far in this period are shown below.
The Company retains significant cash balances of some GBP3.5m after these
purchases and also has Government securities valued at GBP4.2m, together
representing in total about 38% by value of the portfolio.
We have purchased 175,000 of the Trust's own shares during this period. The
Board's current policy is to repurchase shares at a discount to net asset value
of 20%.
Change in Net Asset Value
The company's NAV per share has increased from 44.46 pence at 31 January 2009 to
48.52 pence today, an increase of 9.13%, compared with an increase in the AIM
Index of some 35%. This increase reflects the recent recovery in the AIM market
but is limited by the fact that, as mentioned above, we have a significant
proportion of our assets in fixed interest securities, cash and unquoted
investments, and by the significant improvement in resource shares, in which
VCTs are not permitted to invest.
The Trust's NAV is calculated weekly and reported in the Financial Times.
Portfolio Movements
Top ten equity holdings
+----------------+--------------+
| | Percentage |
| |of Portfolio |
+----------------+--------------+
| Relax Group | 3.9% |
+----------------+--------------+
| Synergy | 3.8% |
| Healthcare | |
+----------------+--------------+
| Aero Inventory | 3.6% |
+----------------+--------------+
| Mediwatch | 3.4% |
+----------------+--------------+
| Lilestone | 3.3% |
+----------------+--------------+
| Connaught | 3.3% |
+----------------+--------------+
| Lo-Q | 2.8% |
+----------------+--------------+
| U4EA | 2.3% |
+----------------+--------------+
| Prezzo | 2.3% |
+----------------+--------------+
| Tikit Group | 2.2% |
+----------------+--------------+
Additions during the period Disposals during the period
+-----------------------+----------+-------------+--------------------+----------+
| AIM Quoted Companies | GBP000's | | AIM Quoted | GBP000's |
| | | | Companies | |
+-----------------------+----------+-------------+--------------------+----------+
| Bright Things | 75 | | Lo-Q | 8 |
+-----------------------+----------+-------------+--------------------+----------+
| LIDCO | 185 | | | |
+-----------------------+----------+-------------+--------------------+----------+
| Lipoxen | 238 | | | |
+-----------------------+----------+-------------+--------------------+----------+
| | | | | |
+-----------------------+----------+-------------+--------------------+----------+
| Private Companies | | | | |
+-----------------------+----------+-------------+--------------------+----------+
| Lilestone | 50 | | | |
+-----------------------+----------+-------------+--------------------+----------+
Change of Name
As mentioned in our Annual Report for the financial year to 31 January 2009,
approval is being sought at the Annual General Meeting tomorrow for the change
of the Company's name to "ViCTory VCT PLC."
For further information contact:
Andrew Banks on 020 7847 8146 or Kirsty George on 020 7847 8145.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IMSFGGMVZKRGLZM
Singer & Friedlander Aim 3 Vct (LSE:SFA)
過去 株価チャート
から 4 2024 まで 5 2024
Singer & Friedlander Aim 3 Vct (LSE:SFA)
過去 株価チャート
から 5 2023 まで 5 2024
Real-Time news about Sing&Fri.Aim 3 (ロンドン証券取引所): 0 recent articles
その他のSinger & Friedlander Aim 3 Vctニュース記事