We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Acuity Vct 3 | LSE:AQT3 | London | Ordinary Share | GB00B0LHSD82 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 14.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAQT3
RNS Number : 7756U
Acuity VCT 3 PLC
21 October 2010
Acuity VCT 3 Plc ("the Company")
21st October 2010
Trading Update
As part of its preparation of the Annual Report and Accounts for the period to 30 September 2010, the Company has commenced the review of the valuations of the unquoted companies contained in its investment portfolio. The valuation process is extensive and comprises preparation by the Investment Manager and a review by the independent members of the Investment Committee before, as part of the audit process, being reviewed by the Company's auditors, KPMG, and finally reviewed and approved by the Directors. This process will not be finalised until the board meeting scheduled to take place in mid December 2010. An initial review of the portfolio has indicated that whilst the majority of investee companies has performed satisfactorily, as a result of the impact of trading conditions on the valuations of 4 unquoted portfolio companies, the Board expects the NAV per ordinary share as at 30th September to be materially lower than the last published NAV of 83.9p as at 30th June 2010.
Since the end of September, the Company has executed the successful realisation of its investment in Amber Taverns Limited at an 83% uplift on cost and another portfolio company, Mount Engineering plc, is subject to a recommended cash offer from Cooper Controls (U.K.) Limited, which should be completed by December 2010.
Accordingly, the Directors have determined that that no further Ordinary Shares will be issued under the Top-up offer prior to publication of the annual results.
Enquiries:
Acuity Capital Management Limited
020 7306 3901
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTBGBDGUBDBGGB
1 Year Acuity Vct 3 Chart |
1 Month Acuity Vct 3 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions