Shore Capital Group Ltd Shore Capital Group Limited : Performance Of Funds

 
TIDMSGR 
 
   For Immediate Release 
 
   24 October 2014 
 
 
 
   Performance of Funds - Monthly Update 
 
   The following table gives the performance for the month ended 30 
September 2014 of the funds managed by the Group's subsidiary Shore 
Capital Limited and Puma Investments Management Limited, other than 
products where monthly statistics are not available. 
 
   The table below shows returns for the month: 
 
 
 
 
                                 January to       Total return 
Fund               September     September      since inception    IRR   Notes 
                       %              %                %          % p.a 
 
Puma High Income 
 VCT                       -               1.9              28.0    8.9      1 
Puma VCT VII             0.1               1.3              29.6   11.9      1 
Puma VCT 8               0.3               1.9              32.2   17.8      1 
Puma VCT 9               0.3               1.8              31.6   30.8      1 
 
 
   Notes 
 
   1. Total return and IRR include the effect of the tax relief gained upon 
initial investment. 
 
   Further details of these funds including inception dates and strategies 
are given in the Group's 2013 Annual Report and Accounts. The returns of 
all managed fund products are after an accrual for any carried interest 
and are net of a provision for all management fees and expenses. 
 
   Total funds under management as at the end of September 2014 were GBP700 
million, equivalent at that date to $1,100 million. 
 
   Enquiries: 
 
   Shore Capital 
 
   Graham Shore                         [phone] 
 
   Bell Pottinger (Public Relations) 
 
   Olly Scott 
 
   Zoe Pocock                             [phone] 
 
 
 
   Notes to Editors 
 
   Shore Capital 
 
   1. Shore Capital is an AIM-listed independent investment group.  It 
specialises in principal finance, equity capital market activities and 
alternative asset management.  The Equity Capital Markets division 
("ECM") offers a wide range of services for companies, institutions and 
other sophisticated clients, including corporate finance, stockbroking 
and market-making.  Shore Capital Limited manages specialist funds, with 
a particular focus on alternative asset classes. 
 
 
 
 
   2. Shore Capital is based in Guernsey, London, Liverpool, Edinburgh and 
Berlin.  Shore Capital Limited, Shore Capital Stockbrokers Limited and 
Shore Capital and Corporate Limited are each authorised and regulated by 
the Financial Services Authority.  Shore Capital Stockbrokers Limited is 
a member of the London Stock Exchange. 
 
 
 
 
   3. Further information on Shore Capital, its products and services can 
be found at www.shorecap.gg 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Shore Capital Group Limited via Globenewswire 
 
   HUG#1865214