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TRIP Travelusacc

575.10
2.00 (0.35%)
17 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Travelusacc LSE:TRIP London Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  2.00 0.35% 575.10 573.10 577.10 1,204 16:35:05

Interim Management Statement

17/08/2007 4:41pm

UK Regulatory


RNS Number:3835C
Triple Point VCT PLC
17 August 2007


Triple Point VCT Plc


Interim Management Statement for the Quarter Ended 30 June 2007


Triple Point VCT plc has pleasure in presenting its interim management statement
for the quarter ended 30 June 2007.  This constitutes the company's first
interim management statement for the financial year ending 31 March 2008, as
required by the UK Listing Authority's Disclosure and Transparency Rule 4.3.


Net assets at 30 June 2007 comprised:-

                             Unaudited 30 June                        Audited 31 March 
                                    2007                                     2007
                                   #'000             %                      #'000               %
Fixed asset
investments at fair
value                             12,444            40.3                    7,784             25.5
Net current assets                18,466            59.7                   22,789             74.5
Net assets                        30,910            100                    30,573              100

Net asset value
per ordinary share                 96.6p                                    95.5p


The existing C class of ordinary shares were converted into ordinary shares
effective 31 March 2007 so that there is now a single class of ordinary shares
in issue which at 30 June 2007 comprised 31,990,482 shares.  During the quarter
ended 30 June 2007 no shares were issued and no shares were repurchased by the
company for cancellation.


Investment Activity

A further #4.7m of qualifying investments were made during the quarter so that
the company is progressing towards its objective of being 70% invested in VCT
qualifying holdings.  Additions during the quarter were as follows:

                                                            #'000                 Activity

Follow On Investments:
      Beam Carrier Trading Ltd                                 950       Provision of satellite capacity
      Broadsword Satellite
      Communications Ltd                                     1,000       Provision of satellite capacity
      High Definition Broadcast Services Ltd                   875       Provision of satellite capacity
      Satellite Broadband Access Solutions Ltd                 885       Provision of satellite capacity

                                                             3,710

New investment:
      Cranmer Lawrence Engineering Solutions
   Ltd                                                         950       Ambulance refurbishment

                                                             4,660



Material Events and Transactions

Other than the investment activity described above and a further follow on
investment of #580,000 made after the quarter end, the company's board is
unaware of any significant event or transaction which has occurred between 1
April 2007 and the date of publication of this statement which would have a
material impact on the company's financial position.


Further information

For further information please contact Triple Point Investment Management LLP on
0207 404 7403.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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