DOWNING PLANNED EXIT VCT 9 PLC : Interim Management Statement

 
TIDMDPV9 
 
Downing Planned Exit VCT 9 plc 
Interim Management Statement 
for the quarter ended 31 March 2012 
 
In  accordance with Rule 4.3 of the Disclosure  and Transparency Rules of the UK 
Listing Authority, Downing Planned Exit VCT 9 plc presents an Interim Management 
Statement  for  the  quarter  ended  31 March 2012.  The statement also includes 
relevant  financial information between  the end of  the period and  the date of 
this statement. 
 
Performance 
                                                         31 March 31 Dec 30 June 
                                                             2012   2011    2011 
 
                                                            Pence  Pence   Pence 
 
Net Asset Value per Ordinary Share                           82.6   82.3    84.7 
 
Net Asset Value per 'A' Share                                 0.1    0.1     0.1 
 
Cumulative distributions per Ordinary Share and 'A'           7.5    7.5     7.5 
Share 
 
Total Return *                                               90.2   89.9    92.3 
 
 
* Net asset value of one Ordinary Share and one 'A' Share plus cumulative 
dividends paid to date thereon 
 
Dividend 
On 25 April 2011 the Company declared a final dividend in respect of the year 
ended 31 December 2011 of 2.5p per share to be paid on 29 June 2011, subject to 
shareholder approval at the Annual General Meeting on 26 June 2011. 
 
Investment portfolio summary at 31 March 2012 
Portfolio investments by value 
                                                                 Movement 
                                                 Cost Valuation in period 
 
                                                 GBP'000      GBP'000      GBP'000 
 
Qualifying venture capital investments 
 
Crossco (1135) Limited t/a Kingsclere Nurseries 998       1,081         - 
 
Hoole Hall Country Club Holdings Limited        750         817         - 
 
Cadbury House Holdings Limited                  700         763         - 
 
West Tower Holdings Limited                     1,150       750         - 
 
Hoole Hall Spa and Leisure Club Limited         562         613         - 
 
The Thames Club Limited                         1,075       455         - 
 
Horsham Bowl Limited                            600         420         - 
 
Chapel Street Food & Beverage Limited           50           50         - 
 
Chapel Street Services Limited                  50           50         - 
 
                                                                        - 
                                               -------------------------- 
                                                5,935     4,999         - 
                                               -------------------------- 
Non qualifying venture capital investments 
 
Kings Gap Limited                                 400       400         - 
 
Future Biogas (SF) Limited                        350       350         - 
 
Hoole Hall Country Club Holdings Limited          344       344         - 
 
Horsham Bowl Limited                              261       261         - 
 
Snow Hill Developments LLP                      250         250         - 
 
Fenkle Street LLP                                  92        92         - 
 
Sanguine Hospitality Limited                       50        50         - 
 
Chapel Street Hotel Limited                         2         2         - 
 
 
                                               -------------------------- 
                                                1,749     1,749         - 
                                               -------------------------- 
 
 
Total                                           7,684     6,748         - 
                                               -------------------------- 
 
 
Investment additions and disposals 
 
There have been no additions during the three months ended 31 March 2012. 
 
Investment disposals during the 3 months ended 31 March 2012 
                                 Cost 
 
                                 GBP'000 
 
 Sanguine Hospitality Limited       6 
                              -------- 
 
Investment additions in the period from 1 April 2012 to the date of this 
announcement 
                            Cost 
 
                            GBP'000 
 
 The Thames Club Limited      25 
                         -------- 
 
Investment disposals in the period from 1 April 2012 to the date of this 
announcement 
                                 Cost 
 
                                 GBP'000 
 
 Sanguine Hospitality Limited      50 
                              -------- 
 
Changes to share capital 
There have been no changes to the share capital during the period or in the 
period since 1 April 2012 to the date of this announcement. 
 
Material events 
Other than described above, there were no material events during the period from 
1 January 2012 to 31 March 2012 or in the period from 1 April 2012 to the date 
of this announcement. 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
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 9 PLC via Thomson Reuters ONE 
[HUG#1607471]