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 |
---|---|---|---|---|---|
Octopus T. 1 | LSE:OTV1 | London | Ordinary Share | GB00B28V8Y81 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 94.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMOTV1 Octopus Titan VCT 1 PLC Interim Management Statement 3 September 2014 In accordance with Rule 4.3 of the UK Listing Authority's Disclosure and Transparency rules, Octopus Titan VCT 1 plc ('Titan 1' or 'VCT') presents an Interim Management Statement for the period 1 May 2014 to 31 July 2014. The statement also includes relevant financial information between the end of the period and the date of this statement. 9 month period to 6 months to 30 Year to 31 October 31 July 2014 April 2014 2013 Net assets (GBP'000s) 29,982 29,313 20,865 Return after tax (GBP'000s) 568 (30) 2,096 Net asset value per 91.6p 92.2p 95.2p share ('NAV') Cumulative dividends 47.5p 45.0p 42.5p paid since launch Total return (NAV 139.1p 137.2p 137.7p plus dividends paid) Financial Summary Investment performance During the three month period, the Total Return of the VCT increased 1.4% from 137.2p to 139.1p per share as at 31 July 2014. The movement was largely attributable to the increase in fair value of Zenith Holding Company as a result of the flotation of Zoopla Property Group. There were no other material movements in the unquoted portfolio during the period. During the period under review, Titan 1 made two follow-on investments with a combined cost of GBP965,000 into Zynstra and Aframe Media Group. In addition, six new investments with a combined cost of GBP950,000 were made into Sourceable (Swoon Editions), Origami Energy, Hubbub Deliveries, Seedcamp III LP, Elliptic Enterprise, and Smartkem. Titan 1 disposed of its entire holding of ECN Live during the period for GBP366,000. Top Ten Investments by value as at 31 July 2014 % of total net Company Sector Carrying value GBP'000 assets Zenith Holding company Limited N/a 9,105 30.4% TouchType Limited Telecommunications 2,233 7.4% Getlenses Consumer lifestyle Limited & wellbeing 971 3.2% UltraSoC Limited Technology 869 2.9% Aframe Media Group Limited Media 775 2.6% e-Therapeutics Consumer lifestyle plc and well being 707 2.4% Mi-Pay Group plc Telecommunications 657 2.2% Zynstra Limited Technology 621 2.1% Metrasens Consumer lifestyle Limited and well being 571 1.9% Surrey NanoSystems Limited Technology 528 1.8% Dividends As announced in the recently published interim results, the interim dividend of 2.5p per share for the six months ended 30 April 2014 was paid on 24 July 2014 to those shareholders on the register on 27 June 2014. Allotments The company made the following allotments during the period: -- On 17 June 2014 775,365 shares were allotted at a price of 97.6p per share. -- On 17 June 2014 6,536 shares were allotted at a price of 93.6p per share to shareholders who elected to receive shares under the Dividend Reinvestment Scheme in regards to the 2013 final dividend. -- On 24 July 2014 180,403 shares were allotted at a price of 92.2p per share to shareholders who elected to receive Shares under the Dividend Reinvestment Scheme in regards to the 2014 interim dividend. Material events and transactions Since 31 July 2014, Titan 1 made one follow-on investment and three new investments with a total value of GBP990,000. As announced on 25 June 2014, the Boards of Titan 1, Octopus Titan VCT 2 plc, Octopus Titan VCT 3 plc, Octopus Titan VCT 4 plc and Octopus Titan VCT 5 plc (the "Companies") entered into discussions regarding a possible merger of the Companies (the "Merger").This has subsequently been approved in principle by the Boards. Documentation to effect the Merger is in the process of being drafted and approved by the relevant authorities. It is anticipated that shareholders will receive the circular in due course, explaining the Merger and including the Notice convening a General Meeting for shareholders to vote on the resolutions required to implement the Offer and the Merger. It is also the intention to launch an Offer for subscription to raise up to GBP50 million with an overallotment facility of a further GBP20 million (the "Offer"). Titan 1's Board is not aware of any other significant event which has occurred between 31 July 2014 and the date of publication of this statement which would have a material impact on the financial position of the VCT. For further information please contact: Alex Macpherson - Fund Manager Octopus Investments Limited - 0800 316 2349 ENDS This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: Octopus Titan VCT 1 PLC via Globenewswire HUG#1853449 http://www.octopusinvestments.com
1 Year Octopus T. 1 Chart |
1 Month Octopus T. 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