Interim Management Statement

 
TIDMDPV5 
 
Downing Planned Exit VCT 5 plc 
Interim Management Statement for the three months ended 31 August 2010 
 
In  accordance with Rule 4.3 of the Disclosure  and Transparency Rules of the UK 
Listing Authority, Downing Planned Exit VCT 5 plc presents an Interim Management 
Statement  for the three month period  ended 31 August 2010.  The statement also 
includes  relevant financial information  between the end  of the period and the 
date of this statement. 
 
Dividends paid or declared in the period 
No dividends have been paid in the three months to 31 August 2010 or in the 
period from 1 September 2010 to the date of this announcement. 
 
Performance 
                              31      31         28 
                             Aug     May        Feb 
                            2010    2010       2010 
 
                           Pence   Pence      Pence 
 
 Net Asset Value ("NAV")    38.2    38.3       78.3 
 
 Cumulative Dividends       56.0    56.0       16.0 
 
 Total Return *             94.2    94.3       94.3 
 
 * NAV plus cumulative dividends paid since launch 
 
Investment portfolio summary at 31 August 2010 
                                                                   Valuation 
 
                                                                    movement 
 
                                                                       since 
                                              Cost   Valuation   1 June 2010 
 
                                              GBP'000        GBP'000          GBP'000 
 
 VCT Qualifying Investments 
 
 
 
 West Tower Holdings Limited                 1,750       1,750             - 
 
 Heyford Contracting (South) Limited         1,500       1,350             - 
 
 Heyford Contracting (North) Limited           500         453             - 
 
 Hoole Hall Spa and Leisure Club Limited     1,000       1,000             - 
 
 Hoole Hall Country Club Holdings Limited      875         875             - 
 
 Coast Contractors Limited                   1,119         169             - 
 
 Future Films Production Services Limited      348         348             - 
                                          ----------------------------------- 
                                             7,092       5,945             - 
                                          ----------------------------------- 
 Non Qualifying Investments 
 
 
 
 Aminghurst Limited                            993         993             - 
 
 Vermont Developments Limited                  902          50             - 
 
 Sanguine Hospitality Limited                  243         243             - 
 
 Heyford Contracting (South) Limited           150         150             - 
 
 Chapel Street Hotel (2008) LLP                 63         126             - 
 
 Chapel Street Hotel Limited                     2           2             - 
                                          ----------------------------------- 
                                             2,353       1,564             - 
                                          ----------------------------------- 
 
 
                                             9,445       7,509             - 
 
 
 
 
 
 
Investment additions during the 3 months ended 31 August 2010 
 
The company made no additions in the three months ended 31 August 2010, or in 
the period from 1 September 2010 to the date of this announcement. 
 
Investment disposals during 3 months ended 31 August 2010 
 
                                                                  Gain/    Total 
                                              Market             (loss) realised 
                                            value at  Disposal  against    gain/ 
                                   Cost  1 June 2010  Proceeds     cost   (loss) 
 
                                   GBP'000         GBP'000      GBP'000     GBP'000     GBP'000 
 
Future Films Production Services 
Limited                              25           25        25        -        - 
 
Heyford Contracting (North) 
Limited                             538          538       538        -        - 
                                 ----------------------------------------------- 
                                    563          563       563        -        - 
 
 
Future Films Production Services Limited repaid loan stock of  GBP100,000 since 1 
September 2010. 
 
Changes to share capital 
There have been no changes in share capital during the 3 months from 1 June 
2010 to 31 August 2010 or in the period from 1 September 2010 to the date of 
this announcement. 
 
Material events 
Other than described above, there were no material events during the three 
months from 1 June 2010 to 31 August 2010 or in the period from 1 September 
2010 to the date of this announcement. 
 
Website 
Financial reports and other information regarding the Company can be found at 
www.downing.co.uk. 
 
 
 
[HUG#1453184] 
 
 
 
 
 
 
 
 
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     originality of the information contained therein. 
 
Source: Downing Planned Exit VCT 5 PLC via Thomson Reuters ONE