Downing Planned Exit VCT 8 plc : Interim Management Statement

 
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Downing Planned Exit VCT 8 plc 
Interim Management Statement 
for the quarter ended 30 September 2011 
 
In  accordance with Rule 4.3 of the Disclosure  and Transparency Rules of the UK 
Listing Authority, Downing Planned Exit VCT 8 plc presents an Interim Management 
Statement  for the quarter ended 30 September 2011.  The statement also includes 
relevant  financial information between  the end of  the period and  the date of 
this statement. 
 
Performance 
                                                          30 Sept 30 June 31 Dec 
                                                             2011    2011   2010 
 
                                                            Pence   Pence  Pence 
 
Net Asset Value per Ordinary Share                           85.4    84.7   83.8 
 
Net Asset Value per 'A' Share                                 0.1     0.1    0.1 
 
Cumulative distributions per Ordinary Share and 'A' Share     7.5     7.5    5.0 
 
Total Return *                                               93.0    92.3   88.9 
 
 
* Net asset value of one Ordinary Share and one 'A' Share plus cumulative 
dividends paid to date thereon 
 
Dividend 
There were no dividends paid or declared in the period or in the period from 1 
October 2011 to the date of this announcement. 
 
Investment portfolio summary at 30 September 2011 
Portfolio investments by value 
                                                                  Movement 
                                                  Cost Valuation in period 
 
                                                  GBP'000      GBP'000      GBP'000 
 
Qualifying venture capital investments 
 
Crossco (1135) Limited  (t/a Complete Childcare)   998       998         - 
 
Hoole Hall Country Club Holdings Limited           750       806         - 
 
West Tower Holdings Limited                      1,150       750         - 
 
Cadbury House Holdings Limited                     700       750         - 
 
Thames Club Limited                              1,075       725         - 
 
Hoole Hall Spa and Leisure Club Limited            562       605         - 
 
Horsham Bowl Limited                               600       420         - 
 
Chapel Street Food & Beverage Limited               50        50         - 
 
Chapel Street Services Limited                      50        50         - 
 
                                                                         - 
                                                -------------------------- 
                                                 5,935     5,154         - 
                                                -------------------------- 
Non qualifying venture capital investments 
 
Kings Gap Limited                                  400       400         - 
 
Sanguine Hospitality Limited                       369       369         - 
 
Future Biogas (SF) Limited                         350       350         - 
 
Hoole Hall Country Club Holdings Limited           344       344         - 
 
Horsham Bowl Limited                               261       261         - 
 
Fenkle Street LLP                                   92        92         - 
 
Chapel Street Hotel Limited                          2         2 
                                                -------------------------- 
                                                 1,818     1,818         - 
                                                -------------------------- 
 
 
Total                                            7,753     6,972         - 
                                                -------------------------- 
 
 
Investment additions and disposals 
 
Investment additions during the 3 months ended 30 September 2011 
                                 Cost 
 
                                 GBP'000 
 
 Sanguine Hospitality Limited     119 
 
 Future Biogas (SF) Limited       100 
                              -------- 
                                  219 
                              -------- 
 
Investment disposals during the 3 months ended 30 September 2011 
                                 Cost 
 
                                 GBP'000 
 
 Bijou Wedding Venues Limited     100 
                              -------- 
                                  100 
                              -------- 
 
There have been no additions or disposals during the period from 1 October 2011 
to the date of this announcement. 
 
Changes to share capital 
There have been no changes to the share capital during the period or in the 
period since 1 October 2011 to the date of this announcement. 
 
Material events 
Other than described above, there were no material events during the period from 
1 July 2011 to 30 September 2011 or in the period from 1 October 2011 to the 
date of this announcement. 
 
 
 
 
 
 
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Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Downing Planned Exit VCT 8 plc via Thomson Reuters ONE 
 
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