FORESIGHT SOLAR & INFRASTRUCTURE VCT PLC ORD 1P Foresight Solar & Infrastructure Vct Plc : Interim Management Statement

 
TIDMFTSV 
 
   Foresight Solar and Infrastructure VCT plc 
 
   Interim Management Statement for the Quarter Ended 31 March 2017 
 
   Foresight Solar VCT plc presents its interim management statement for 
the quarter ended 31 March 2017. This constitutes the company's second 
interim management statement for the financial year ending 30 June 2017. 
 
   The unaudited net asset value (NAV) per Ordinary Share as at 31 March 
2017 was 104.3p (31 December 2016: 101.7p). 
 
   The unaudited net asset value (NAV) per C Share as at 31 March 2017 was 
91.3p (31 December 2016: 88.1p). 
 
   In line with original expectations, an interim dividend of 3.0p per 
Ordinary Share and 2.5p per C Share was paid to shareholders on 7 April 
2017. 
 
   The unaudited net asset value (NAV) per D Share as at 31 March 2017 was 
97.5p (31 December 2016: 98.9p). 
 
   At 31 March 2017 there were 38,290,862 Ordinary shares in issue. There 
were no share movements during the three months ended 31 March 2017 in 
the ordinary shares fund. 
 
   At 31 March 2017 there were 12,509,247 C shares in issue. There were no 
share movements during the three months ended 31 March 2017 in the C 
shares fund. 
 
   At 31 March 2017 there were 4,777,025 D shares in issue. A total of 
1,298,854 D Shares were issued during the three months ended 31 March 
2017. 
 
   The net assets at 31 March 2017 comprised the following: 
 
 
 
 
                                                                 % of Net 
Ordinary Shares Fund                                  GBP'000     Assets 
Unquoted Investments at fair value as determined by 
 the Directors                                         41,792           105% 
Quoted investments at bid price                             0             0% 
Total venture capital investments                      41,792           105% 
Cash & liquid investments                               1,391             3% 
Other net current assets                              (3,251)           (8)% 
Net Assets                                             39,932           100% 
 
 
 
 
                                                                 % of Net 
C Shares Fund                                         GBP'000     Assets 
Unquoted Investments at fair value as determined by 
 the Directors                                         11,389            99% 
Quoted investments at bid price                             0             0% 
Total venture capital investments                      11,389            99% 
Cash & liquid investments                                 166             1% 
Other net current assets                                (135)           (1)% 
Net Assets                                             11,420           100% 
 
 
 
 
                                                                 % of Net 
D Shares Fund                                         GBP'000     Assets 
Unquoted Investments at fair value as determined by 
 the Directors                                          1,620            35% 
Quoted investments at bid price                             0             0% 
Total venture capital investments                       1,620            35% 
Cash & liquid investments                               4,602            99% 
Other net current assets                              (1,564)          (34)% 
Net Assets                                              4,658           100% 
 
   For further information please contact: 
 
   Gary Fraser, Foresight Group:                            020 3667 8100 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Foresight Solar & Infrastructure VCT plc via Globenewswire 
 
 
  http://www.foresightgroup.eu/ 
 

(END) Dow Jones Newswires

May 22, 2017 11:03 ET (15:03 GMT)

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