Net Asset Value(s)

RNS Number : 1956G

Triple Point Inc VCT - TPVE

22 July 2021

 

22 July 2021

Triple Point Income VCT plc

(the " Company ")

NET ASSET VALUES FOR THE QUARTER ENDED 30 JUNE 2021

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 2021 was 83.53p per share.

· During the three-month period to 30 June 2021 the C Share Class made a profit of 0.06p per share.

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

· Total dividends paid to C Class Shareholders to date are equal to 73.50p per share.

D Share Class

· The NAV at 30 June 2021 was 60.19p per share.

· During the three-month period to 30 June 2021 the D Share Class made a profit of 0.60p per share.

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

· Total dividends paid to D Class Shareholders to date are equal to 70.00p per share.

E Share Class

· The NAV at 30 June 2021 was 94.70p per share.

· During the three-month period to 30 June 2021 the E Share Class made a profit of 0.08p per share.

· Total dividends paid to E Class Shareholders to date are equal to 11.50p per share.

· The table below shows the E Share Class investment portfolio by sector at 30 June 2021:

Crematorium Management	1%
Vertical Growing	24%
Quoted Investments	2%
Hydroelectric Power	22%
SME Funding - Hydroelectric Power	13%
SME Funding - Other	10%
Electricity Generation - Other	28%

Based on net asset value.

Net Assets at 30 June 2021:

	30 June 2021
	C Shares	D Shares	E Shares	Total
	£'000	£'000	£'000	£'000
VCT qualifying unquoted investments	11,235	10,036	19,366	40,637
VCT non-qualifying unquoted investments	-	-	6,692	6,692
VCT non-qualifying quoted investments	-	-	570	570
	11,235	10,036	26,628	47,899
Cash and cash equivalents	174	(150)	675	699
Total Investments	11,409	9,886	27,303	48,598
Other assets & liabilities	(206)	(1,696)	103	(1,799)
Net assets	11,203	8,190	27,406	46,799
Net asset value per share (p)	83.53	60.19	94.70

Net Assets at 31 March 2021:

	31-Mar-21
	C Shares	D Shares	E Shares	Total
	£'000	£'000	£'000	£'000
VCT qualifying unquoted investments	11,244	10,036	19,369	40,649
VCT non-qualifying unquoted investments	-	-	6,815	6,815
VCT non-qualifying quoted investments	-	-	558	558
	11,244	10,036	26,742	48,022
Cash and cash equivalents	120	17	384	521
Total Investments	11,364	10,053	27,126	48,543
Other assets & liabilities	(170)	(1,947)	256	(1,861)
Net assets	11,194	8,106	27,382	46,682
Net asset value per share (p)	83.30	59.59	94.59

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

Triple Point Investment Management LLP (Investment Manager)	Tel: [phone]
Jonathan Parr 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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