Interim Management Statement (6678B)

TIDMAQT3

RNS Number : 6678B

Acuity VCT 3 PLC

22 February 2011

Acuity VCT 3 Plc ("the Company")

Interim Management Statement

22 February 2011

This is an Interim Management Statement issued by the Company in accordance with the FSA's disclosure and transparency rule 4.3. This statement relates to the three month period 1 October 2010 to 31 December 2010.

Stuart Stradling, Acuity VCT 3 Plc's Chairman said:

The value of the portfolio remains unchanged since the year end. I hope to update you shortly regarding the change of Investment Manager.

Unaudited Net Asset Value Per Share

The investment portfolio, which comprises qualifying and non-qualifying unquoted and listed investments, has not been revalued at 31 December 2010. However, calculated on the basis of the net asset value at 30 September 2010 adjusted to reflect the purchases and sales of investments and bid values in respect of listed investments, the unaudited net asset value at 31 December 2010 was unchanged by comparison with 61.9p per share at 30 September 2010.

Investments and realisations

The Company invested a total of GBP1.0 million in the three months to 31 December 2010.

The largest investments made in the period were GBP0.4 million, in each of, Loseley Dairy Ice Cream Limited and The Fin Machine Company.

During the three months to 31 December 2010, the Company received proceeds of GBP0.9 million from the realisation of Amber Taverns and GBP0.9 million from the realisation of Mount Engineering Plc.

After the 31 December, the Company made further follow-on investments totalling GBP0.6 million, the largest, a committed follow-on Investment in Red Reef Media Limited for GBP0.3 million.

Share Buybacks

During the three months to 31 December the Company has not acquired any shares for cancellation, as the Company was in a close period.

The number of ordinary shares in issue was 34,337,164 as at 21 February 2011.

AGM

The Annual General Meeting of the Company will be held at the offices of KPMG, 8 Salisbury Square, London, EC4Y 8BB on 25 March 2011 at 11am. The notice of Annual General Meeting and Form of Proxy will be posted to shareholders shortly.

Ends

For information please contact:

Nick Ross, Director Acuity VCT 3 Plc

0207 306 3901

This statement aims to give an indication of material events and transactions that have taken place during the period from 1 October 2010 to the date of publication of this statement and their impact on the financial position of Acuity VCT 3 Plc. These indications reflect the Board's current view. They are subject to a number of risks and uncertainties and could change. Factors which could cause or contribute to such differences include but are not limited to, general economic and market conditions and specific factors affecting the financial prospects or performance of individual investments within the Company's portfolio.

This information is provided by RNS

The company news service from the London Stock Exchange

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