Downing P.E VCT 9 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 2013 
 
   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 2013.  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 
                                                         2013       2012       2012 
                                                       Unaudited   Audited   Unaudited 
                                                        Pence      Pence      Pence 
Net Asset Value per Ordinary Share                          80.5      80.1        80.8 
Net Asset Value per 'A' Share                                0.1       0.1         0.1 
Cumulative distributions per Ordinary Share and 'A' 
 Share                                                      10.0      10.0        10.0 
Total Return *                                              90.6      90.2        90.9 
 
 
 
   * Net asset value of one Ordinary Share and one 'A' Share plus 
cumulative dividends paid to date thereon 
 
   Dividend 
 
   On 29 April 2013 the Company declared a final dividend in respect of the 
year ended 31 December 2012 of 2.5p per share to be paid on 28 June 
2013, subject to shareholder approval at the Annual General Meeting on 
19 June 2013. 
 
   Investment portfolio summary at 31 March 2013 
 
   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      1,130           - 
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           - 
Horsham Bowl Limited                                600        420           - 
The Thames Club Limited                           1,075        350           - 
Chapel Street Food & Beverage Limited                50         50           - 
Chapel Street Services Limited                       50         50           - 
 
                                                  5,935      4,943           - 
Non qualifying venture capital investments 
Future Biogas (SF) Limited                          350        350           - 
Hoole Hall Country Club Holdings Limited            344        344           - 
Southampton Hotel Developments Limited              300        300           - 
Horsham Bowl Limited                                261        261           - 
Snow Hill Developments LLP                          250        250           - 
Dominions House Limited                              89         89           - 
Fenkle Street LLP                                    77         77           - 
The Thames Club Limited                              50          -           - 
Chapel Street Hotel Limited                           2          2           - 
 
                                                  1,723      1,673           - 
 
Total                                             7,658      6,616           - 
 
 
 
   Investment additions and disposals 
 
   Investment additions made during the 3 months ended 31 March 2013 
 
 
 
 
                           Cost 
                          GBP'000 
Dominions House Limited        89 
 
 
 
   Investment disposals during the 3 months ended 31 March 2013 
 
 
 
 
                     Cost 
                    GBP'000 
Fenkle Street LLP        15 
 
 
 
   There have been no disposals or additions in the period from 1 April 
2013 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 April 2013 to the date of this announcement. 
 
   Material events 
 
   Other than described above, there were no material events during the 
period from 1 January 2013 to 31 March 2013 or in the period from 1 
April 2013 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#1702673