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 |
---|---|---|---|---|---|
Downing Absol 1 | LSE:DA1O | London | Ordinary Share | GB0002790714 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 67.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMDA1O Downing Absolute Income VCT 1 plc Interim Management Statement for the three months ended 30 Sept 2012 In accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority, Downing Absolute Income VCT 1 plc presents an Interim Management Statement for the three month period ended 30 Sept 2012. The statement also includes relevant financial information between the end of the period and the date of this statement. Performance Ordinary Shares 30 Sept 30 June 31 March 2012 2012 2011 Unaudited Unaudited Unaudited Pence Pence Pence Net Asset Value ("NAV") 89.3 89.6 83.8 Cumulative Dividends 63.4 63.4 62.4 Total Return * 152.7 153.0 146.2 'C' Shares 30 Sept 30 June 31 Mar 2012 2012 2012 Unaudited Unaudited Unaudited Pence Pence Pence Net Asset Value ("NAV") 79.4 79.7 87.1 Cumulative Dividends 5.0 5.0 2.5 Total Return * 84.4 84.7 89.6 * NAV plus cumulative dividends paid since launch of share class Dividends paid or declared in the period Subject to Shareholder approval a dividend 2.0p per Ordinary Share and 2.5p per 'C' Share will be paid on 14 December 2012 to Shareholders on the register at 16 November 2012. Investment portfolio summary at 30 Sept 2012 Ordinary Share pool Cost Valuation* Venture capital investments (by value) GBP'000 GBP'000 Bowman Care Homes 800 1,700 Downing (Pirbright Road) Limited 780 1,305 Blue Cedars Ltd 970 1,268 Kimbolton Lodge Limited 645 610 Downing Alton Limited 575 575 Future Biogas (SF) Limited 406 473 Leytonstone Pub Limited 200 200 Gatewales Limited 367 162 Chapel Street Services Limited 125 125 Chapel Street Food and Beverage Limited 125 125 City Falkirk Limited 141 101 Heyford Homes VCT Limited 300 100 Progressive Energies Limited 100 100 Fubar Stirling Limited 89 89 Angel Solar Limited 75 75 Fenkle Street LLP 69 69 Helcim Group Limited 329 34 Cheers Dumbarton Limited 16 16 Chapel Street Hotel Limited 5 5 Lochrise Limited 4 4 Kings Gap Group Limited 1,000 - --------- ------------- Total 7,121 7,136 --------- ------------- 'C' Share pool Cost Valuation* Venture capital investments (by value) GBP'000 GBP'000 Hoole Hall Hotel Limited 800 800 Baron House Developments LLP 700 700 Residential PV Trading Limited 500 500 Future Biogas (Reepham Road) Limited 499 499 City Falkirk Limited 422 302 Southampton Hotel Developments Limited 300 300 Kidspace Adventures Holdings Limited 300 300 Mosaic Spa and Healthclubs (Shrewsbury) Limited 280 280 Fubar Stirling Limited 268 268 Tracsis Plc** 81 235 Progressive Energies Limited 220 220 Liverpool Nurseries (Holdings) Limited 218 218 Alpha Schools Holdings Limited 200 208 Kidspace Adventures Limited 200 200 Angel Solar Limited 175 175 Helcim Group Limited 1,186 124 Universe Group Plc** 65 85 Cheers Dumbarton Limited 48 48 Lochrise Limited 12 12 Southampton Spa Limited - - Gingerbread Pre-School (UK) Limited - - West Tower Holdings Limited - - --------- ------------- Total 6,474 5,474 --------- ------------- With the exception of those marked, all investments are unquoted. * Unquoted valuations are based on those at 30 June 2012 adjusted for additions and disposals since that date. ** quoted on the AIM market. Investment additions during the 3 months ended 30 Sept 2012 'C' Shares Cost GBP'000 Baron House Developments LLP 700 Southampton Hotel Developments Limited 300 Universe Group plc 65 Tracsis plc 1 -------- 1,066 -------- There were no additions made by the Ordinary Share pool during the 3 months ended 30 Sept 2012 In the period from 1 October 2012 to the date of this announcement the following additions were made: 'C' Share pool Cost GBP'000 Oak Grove Renewables Limited 473 Mosaic Spa & Health Clubs Limited 402 -------- 875 -------- There were no additions made by the Ordinary Share pool in the period from 1 October 2012 to the date of this announcement Investment disposals during the 3 months to 30 Sept 2012: Market Total value at Gain realised 1 July Disposal against loss in Cost 2012 proceeds cost period GBP'000 GBP'000 GBP'000 GBP'000 GBP'000 Ordinary Share Pool Kimbolton Lodge Limited 40 40 40 - - ----------------------------------------- 40 40 40 - - 'C' Share pool West Tower Holdings Limited 880 880 880 - - Residential PV Trading Limited 32 32 32 - - Tracsis plc 20 49 47 27 (2) ----------------------------------------- 932 961 959 27 (2) ----------------------------------------- Total 972 1,001 999 27 (2) ----------------------------------------- There were no investment disposals made by the Ordinary or 'C' Share pool in the period from 1 October 2012 to the date of this announcement. Share Realisation and Reinvestment Programme/Top Up Offer. On 25 September 2012, the company undertook a Share Realisation and Reinvestment Programme in respect of the Ordinary Shares. 1,653,340 Ordinary Shares were purchased for cancellation at a price of 89.6p per share. 1,603,739 New Ordinary Shares were issued at 92.4p per share. 150,874 new Ordinary Shares were also issued at 92.4p per share for cash in respect of an Ordinary Share Top up offer. Changes to share capital Share capital movements in the period are summarised as follows: Ordinary Shares Shares GBP'000 As at 1 July 2012 8,051,170 4,026 Shares Issued 1,754,613 877 Shares bought back and cancelled (1,653,340) (827) ---------------------- As at 30 Sept 2012 8,152,443 4,076 ---------------------- 'C' Shares Shares GBP'000 As at 1 July 2012 8,994,057 9 Shares bought back and cancelled - - -------------------- As at 30 Sept 2012 8,994,057 9 -------------------- During the period from 1 October 2012 to the date of this announcement, 27,500 'C' Shares were bought back for cancellation. No Ordinary Shares were bought back during this period. Material events Other than described above, there were no material events during the three months from 1 June 2012 to 30 Sept 2012 or in the period from 1 October 2012 to the date of this announcement. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Downing Absolute Income VCT 1 PLC via Thomson Reuters ONE [HUG#1655015]
1 Year Downing Absol 1 Chart |
1 Month Downing Absol 1 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