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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Triple Point Vct 2011 Plc | LSE:TPOA | London | Ordinary Share | GB00BNCBFM82 | A 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% | 1.505 | 0.01 | 3.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMTPOA TIDMTPOB
RNS Number : 5251F
Triple Point VCT 2011 PLC
15 July 2019
15 July 2019
Triple Point VCT 2011 plc
(the "Company")
INVESTMENT UPDATE
The Board of Triple Point VCT 2011 is pleased to announce that the new Venture Share class (known as The Venture Fund) has completed its fourth investment. The investment was made into Adepto, an innovative HR Software-as-a-Service business, as part of its GBP2 million venture funding round.
Adepto supplies a leading 'total talent' platform that businesses use to manage their internal and external workforces. The platform also provides businesses with insight into the skills of their workforces, enabling agile and flexible deployment of staff around the world. Current clients include AECOM, Atos, BAE Systems and Capita.
The investment is in line with the Company's investment criteria and risk and returns profile.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
Triple Point Investment Management Tel: 020 7201 8989 LLP (Investment Manager) Belinda Thomas Harry Penberthy Ian McLennan Seb Wallace
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDFMGMNLKNGLZG
(END) Dow Jones Newswires
July 15, 2019 05:41 ET (09:41 GMT)
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