Net Asset Value(s)

RNS Number : 9203T
Triple Point Inc VCT - TPVE
23 July 2020
 

23 July 2020

 

Triple Point Income VCT plc

 

(the " Company ")

 

NET ASSET VALUES FOR THE QUARTER ENDED 30 JUNE 2020

 

The Company

 

The Company continues to meet all VCT qualifying conditions in respect of its portfolio of VCT unquoted qualifying investments and unquoted and quoted non-qualifying investments.

 

C Share Class

· The NAV at 30 June 2020 was 83.13p per share.

· During the three-month period to 30 June 2020 the C Share Class made a profit of 1.76p per share.

· 100% of the C Share Class investments are in the hydro-electric power sector, in line with the investment strategy.

· On 30 June 2020 a dividend of 3.50p per share was paid bringing total dividends to the C Class Shareholders to 73.50p per share.

· The table below shows the C Share Class investment portfolio by sector at 30 June 2020:

 

 

Hydroelectric Power

100%

 

 

D Share Class

 

· The NAV at 30 June 2020 was 58.03p per share.

· During the three-month period to 30 June 2020 the D Share Class made a profit of 0.57p per share.

· 100% of the D Share investments are in the Hydroelectric Power sector, in line with the investment strategy.

· On 30 June 2020 a dividend of 5.00p per share was paid bringing total dividends to the D Class Shareholders to 70.00p per share.

· The table below shows the D Share Class investment portfolio by sector at 30 June 2020:

 

 

Hydroelectric Power

100%

 

 

E Share Class

 

· The NAV at 30 June 2020 was 96.01p per share.

· During the three-month period to 30 June 2020 the E Share Class made a profit of 0.82p per share.

· On 30 June 2020 a dividend of 6.50p per share was paid bringing total dividends to the E Class Shareholders to 11.50p per share.

· The table below shows the E Share Class investment portfolio by sector at 30 June 2020:

 

Crematorium Management

1%

Vertical Growing

22%

Quoted Investments

10%

Hydroelectric Power

20%

SME Funding - Hydroelectric Power

12%

SME Funding - Other

9%

Electricity Generation - Other

26%

 

Net Assets at 30 June 2020:

 

30-Jun-20

 

C Shares

D Shares

E Shares

Total

 

£'000

£'000

£'000

£'000

VCT qualifying unquoted investments

11,270

10,036

19,827

41,133

VCT non-qualifying unquoted investments

122

6,300

6,422

VCT non-qualifying quoted investments

541

541

 

11,392

10,036

26,668

48,096

 

 

 

 

 

Cash and cash equivalents

85

28

628

741

Total Investments

11,477

10,064

27,296

48,837

Other assets & liabilities

(303)

(2,110)

502

(1,911)

Net assets

11,174

7,954

27,798

46,926

Net asset value per share (p)

83.13

58.03

96.01

 

 

 

Net Assets at 31 March 2020:

 

 

31-Mar-20

 

C Shares

D Shares

E Shares

Total

 

£'000

£'000

£'000

£'000

VCT qualifying unquoted investments

11,279

10,036

19,829

41,144

VCT non-qualifying unquoted investments

223

110

6,359

6,692

VCT non-qualifying quoted investments

2,927

2,927

 

11,502

10,146

29,115

50,763

 

 

 

 

 

Cash and cash equivalents

193

173

335

701

Total Investments

11,695

10,319

29,450

51,464

Other assets & liabilities

(289)

(1,760)

(8)

(2,057)

Net assets

11,406

8,559

29,442

49,407

Net asset value per share (p)

84.87

62.46

101.69

 

 

 

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:
 

Triple Point Investment Management LLP

(Investment Manager)

Tel: 020 7201 8989

Ben Beaton

 

Belinda Thomas

 

 

 

The Company's LEI is 213800IXD8S5WY88L245.

 

Further information on the Company can be found on its website https://www.triplepoint.co.uk/current-vcts/triple-point-income-vct-plc/s1238/ .


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