Octopus Apollo VCT 4 PLC : Interim Management Statement

 
TIDMOAP4 
 
Octopus Apollo VCT 4 PLC 
Interim Management Statement 
 
1 June 2012 
 
In accordance with Rule 4.3 of the UK Listing Authority's Disclosure and 
Transparency rules, Octopus Apollo VCT 4 plc ("Apollo 4" or "Fund") presents an 
Interim Management Statement for the period 1 February 2012 to 30 April 2012. 
The statement also includes relevant financial information between the end of 
the period and the date of this statement. 
 
 
 Financial Summary 
+----------------------------+-------------------------+-----------------------+ 
|                            |3 months to 30 April 2012|Year to 31 January 2012| 
+----------------------------+-------------------------+-----------------------+ 
|                            |                         |                       | 
+----------------------------+-------------------------+-----------------------+ 
|Net assets ( GBP'000s)         |                   11,235|                 11,192| 
+----------------------------+-------------------------+-----------------------+ 
|Net profit after tax        |                         |                       | 
|( GBP'000s)                    |                       43|                    661| 
+----------------------------+-------------------------+-----------------------+ 
|Net asset value per share   |                         |                       | 
|("NAV")                     |                    97.7p|                  97.3p| 
+----------------------------+-------------------------+-----------------------+ 
 
 
Investment performance 
At  30 April 2012 the NAV of the Fund  was 97.7p, which compares to 97.3p at 31 
January  2012. The Fund performance is as a result  of the profit on the sale of 
an  investment in the  year to 31 January  2012 and the consistent income stream 
generated by the Fund exceeding its running costs. There have been no changes in 
the valuations of the companies in its portfolio. 
 
During the period under review, an investment of  GBP750,000 was made in Technical 
Software Consultants Limited. 
 
 
Unquoted Investment Portfolio by Value as at 30 April 2012 
+------------------------+------------------+------------------+---------------+ 
|                        |                  |    Carrying value|               | 
|Company                 |  Investment class|              GBP'000|% of Net Assets| 
+------------------------+------------------+------------------+---------------+ 
|Salus Services Holdings |                  |                  |               | 
|1 Limited               |        Care homes|             1,882|          16.8%| 
+------------------------+------------------+------------------+---------------+ 
|Clifford Thames Group   |                  |                  |               | 
|Limited                 |        Automotive|             1,545|          13.8%| 
+------------------------+------------------+------------------+---------------+ 
|CSL DualCom Limited     |  Security devices|             1,444|          12.9%| 
+------------------------+------------------+------------------+---------------+ 
|Salus Services 2 Limited|        Care homes|             1,000|           8.9%| 
+------------------------+------------------+------------------+---------------+ 
|Resilient Corporate     |                  |                  |               | 
|Services Limited        |             Solar|             1,000|           8.9%| 
+------------------------+------------------+------------------+---------------+ 
|Borro Loan 2 Limited    |      Pawn Brokers|             1,000|           8.9%| 
+------------------------+------------------+------------------+---------------+ 
|Technical Software      |                  |                  |               | 
|Consultants Limited     |   Crack detection|               750|           6.7%| 
+------------------------+------------------+------------------+---------------+ 
|Atlantic Screen         |                  |                  |               | 
|International Limited   |             Media|               600|           5.3%| 
+------------------------+------------------+------------------+---------------+ 
|Bluebell Telecom Group  |                  |                  |               | 
|Limited                 |Telecommunications|               555|           4.9%| 
+------------------------+------------------+------------------+---------------+ 
|Donoma Power Limited    |             Solar|               500|           4.5%| 
+------------------------+------------------+------------------+---------------+ 
 
 
Dividends 
 
For the year to 31 January 2012, the Board declared a dividend of 1.0p per 
share.  This dividend will be paid, if approved by shareholders at the AGM, on 
9 August 2012 to those shareholders who are on the register on 13 July 2012. 
 
 
Material events and transactions 
 
The Fund's Board is not aware of any other significant event or transaction 
which has occurred between the 1 February 2012 and the date of publication of 
this statement which would have a material impact on the financial position on 
the Fund. 
 
For further information please contact: 
Stuart Nicol - Fund Manager 
Octopus Investments Limited - 0800 316 2347 
 
ENDS 
 
 
 
 
 
 
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     originality of the information contained therein. 
 
Source: Octopus Apollo VCT 4 PLC   via Thomson Reuters ONE 
[HUG#1616718]