Interim Management Statement

 
TIDMPNV5 
 
Pennine AIM VCT 5 plc 
Interim Management Statement 
for the three months ended 31 December 2008 
 
In accordance with Rule 4.3 of the Disclosure and Transparency  Rules 
of the  UK Listing  Authority,  Pennine AIM  VCT  5 plc  presents  an 
Interim Management  Statement for  the three  month period  ended  31 
December  2008.   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 
There have been no  dividends paid or announced  during the 3  months 
ended 31 December 2008 or since the period end. 
 
Performance 
 
                        31 Dec 30 Sept 
                          2008    2008 
                         Pence   Pence 
Net Asset Value ("NAV")   28.1    34.2 
Cumulative Dividends      30.0    30.0 
Total Return *            58.1    64.2 
 
* (NAV plus cumulative dividends paid since launch) 
 
Investment portfolio summary at 31 December 2008 
 
                                                            Valuation 
                                                             movement 
                                                                since 
                                                              30 Sept 
                                             Cost Valuation    2008 * 
                                            GBP'000     GBP'000     GBP'000 
Ten largest investments by value 
Cadbury House Limited             Unquoted  1,000     1,000         - 
Hoole Hall Country Club Limited   Unquoted    750       750         - 
Doubletake Portraits Limited      Unquoted    645       363         - 
IDOX plc                                      271       298      (63) 
First Care Limited                Unquoted    275       275         - 
Concateno plc                                 241       255     (100) 
RFTRAQ Limited                    Unquoted    532       225         - 
Clerkenwell Ventures Group plc                300       224         8 
The Mission Marketing Group plc               472       185      (51) 
Ludorum plc                                   175       175       (9) 
 
Other venture capital investments           9,253     1,895     (989) 
Listed fixed income securities                344       347         3 
 
Total                                      14,258     5,992   (1,201) 
 
 
All investments are quoted on AIM unless otherwise stated. 
* After accounting for purchases in period 
 
Investment additions during the 3 months ended 31 December 2008 
There have been no material additions during the 3 months ended 31 
December 2008 or since the period end. 
 
Investment disposals during the 3 months ended 31 December 2008 
 
                           Market                Profit/ 
                         value at                 (loss)    Total 
                            1 Oct  Disposal    in period realised 
                    Cost     2008  proceeds against cost     loss 
                   GBP'000    GBP'000     GBP'000        GBP'000    GBP'000 
 
Boomerang Plus plc    16       17        15          (1)      (2) 
Disperse Group plc   500        -         -        (500)        - 
IDOX plc              23       30        30            7        - 
Jelf Group plc        79      116        39         (40)     (77) 
Universe Group plc   192       89        68        (124)     (21) 
                     810      252       152        (658)    (100) 
 
 
There have been no investment disposals since the period end. 
 
Changes to share capital 
 
                                 Ordinary Shares of 
                                      10p each 
                                      Shares  GBP'000 
As at 1 October 2008              22,276,570  2,228 
Shares bought back and cancelled           -      - 
As at 31 December 2008            22,276,570  2,228 
 
 
There have been no shares bought back for cancellation since the 
period end. 
 
On 22 January 2009,  the Company announced a  Tender Offer, which  is 
subject to  Shareholder approval  at the  forthcoming Annual  General 
Meeting on the 4 March 2009, for up to a total of 1 million shares to 
be undertaken at a price equal to a discount of 10% to the latest Net 
Asset Value. 
 
Material events 
Other than described above, there were no material events during  the 
period from 1 October 2008 to 31 December 2008 or in the period  from 
1 January 2009 to the date of this announcement. 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.