Octopus AIM VCT 2 plc : Portfolio update

Octopus AIM VCT 2 plc

 

14 June 2017

 

Portfolio Update

 

The investment portfolio of Octopus AIM VCT 2 plc (the "Company") as at 14 June 2017 is as follows (the valuations being the unaudited valuations, at bid price, as at 31 May 2017):

 

Investee Company	Sector	Book cost (£000)	Movement in valuation (£000)	Fair Value (£000)
Breedon Group plc	Construction & Building	573	3,627	4,200
Quixant plc	Technology Hardware	465	3,501	3,966
Animalcare Group plc	Pharmaceuticals & Biotech	824	2,606	3,430
GB Group plc	Support Services	477	2,631	3,108
IDOX plc	Software	356	2,379	2,735
Gear4music Holdings plc	Media	372	1,780	2,152
Craneware plc	Software	479	1,537	2,016
Learning Technologies Group plc	Support Services	880	1,008	1,888
Brooks Macdonald Group plc	Finance	610	1,213	1,823
Staffline Recruitment Group plc	Support Services	225	1,540	1,765
RWS Holdings plc	Support Services	249	1,393	1,642
Netcall plc	Telecommunication Services	356	1,081	1,437
Adept Telecom plc	Telecommunication Services	502	716	1,218
Ergomed plc	Pharmaceuticals & Biotech	960	228	1,188
DP Poland plc	Leisure & Hotels	364	764	1,128
Gooch & Housego plc	Electronic & Electrical	326	784	1,110
Yu Group plc	Utilities	470	572	1,042
Restore plc	Support Services	311	703	1,014
Clinigen Group plc	Pharmaceuticals & Biotech	625	295	920
EKF Diagnostics Holdings plc	Health	864	43	907
Advanced Medical Solutions Group plc	Pharmaceuticals & Biotech	505	384	889
Next Fifteen Communications Group plc	Media	458	417	875
Vertu Motors plc	General Retailers	777	71	848
Plastics Capital plc	Engineering & Machinery	485	346	831
Escher Group Holdings plc	Software	753	65	818
CityFibre plc	Telecommunication Services	739	40	779
Brady plc	Software	647	127	774
Omega Diagnostics Group plc	Health	318	440	758
TLA Worldwide plc	Media	538	188	726
Ideagen plc	Software	280	433	713
Escape Hunt plc	Leisure & Hotels	659	0	659
Tasty plc	Leisure & Hotels	336	311	647
Futura Medical plc	Pharmaceuticals & Biotech	645	(23)	622
Cello Group plc	Media	205	391	596
Judges Scientific plc	Electronic & Electrical	209	381	590
Abcam plc	Pharmaceuticals & Biotech	358	229	587
Cambridge Cognition Holdings plc	Health	400	171	571
Nasstar plc	Software	320	224	544
Velocity Composites plc	Industrial	533	0	533
Faron Pharmaceuticals Oy	Pharmaceuticals & Biotech	230	269	499
LoopUp Group plc	Software	320	170	490
Gamma Communications plc	Telecommunication Services	326	161	487
Vectura Group plc	Pharmaceuticals & Biotech	332	138	470
Haydale Graphene Industries plc	Chemicals	399	50	449
SQS Software Quality Systems AG	Software	207	201	408
Mattioli Woods plc	Finance	101	289	390
Scientific Digital Imaging plc	Electronic & Electrical	119	245	364
Sinclair IS Pharma plc	Pharmaceuticals & Biotech	274	74	348
Maxcyte Inc	Pharmaceuticals & Biotech	340	(19)	321
Iomart Group plc	Software	178	123	301
Access Intelligence plc	Software	446	(72)	374
Osirium Technologies plc	Electronic & Electrical	500	(208)	292
UP Global Sourcing Holdings plc	Household Goods & Textiles	182	105	287
WANdisco plc	Software	96	152	248
FreeAgent Holdings plc	Media	185	46	231
TP Group plc	Engineering & Machinery	452	(222)	230
Hasgrove plc*	Media	153	59	212
MyCelx Technologies Corporation	Oil Equipment	980	(679)	301
Microsaic Systems plc	Engineering & Machinery	722	(534)	188
Sphere Medical Holding plc	Health	400	(219)	181
Enteq Upstream plc	Oil Services	687	(516)	171
Midatech Pharma plc	Pharmaceuticals & Biotech	400	(243)	157
Nektan Limited	Software	893	(420)	473
Oxford Pharmascience Group plc	Pharmaceuticals & Biotech	900	(765)	135
Tyratech Inc	Chemicals	400	(280)	120
Medica Group plc	Health	63	41	104
Mears Group plc	Support Services	51	44	95
ReNeuron Group plc	Pharmaceuticals & Biotech	216	(134)	82
Genedrive Plc	Pharmaceuticals & Biotech	140	(70)	70
Rated People Ltd*	Software	236	(178)	58
Fusionex International plc	Software	188	(132)	56
Proxama plc	Software	509	(470)	39
1Spatial plc	Software	200	(178)	22
Work Group plc	Support Services	379	(365)	14
Bond International Software plc	Software	4	0	4

 

Current Liquidity Investments

Investee Company	Sector	Book cost (£000)	Movement in valuation (£000)	Fair Value (£000)
Money Market Funds	n/a	4,420	6	4,426
Octopus Portfolio Manager - Conservative Capital Growth	n/a	3,600	267	3,867
Octopus Portfolio Manager - Defensive Capital Growth	n/a	3,600	187	3,787
Octopus UK Micro Cap Growth Fund	n/a	1,100	296	1,396

 

 

Since 31 May 2017 there has been one follow on investment with a cost of £313,000.

Since 31 May 2017 there has been one disposal, the proceeds of which totalled £104,000 (cost £81,000).

 

 

Unless otherwise stated, all the investments set out above :

1. are quoted on AIM or on the London Stock Exchange Full List:

2. represent equity investments except in the case of Nektan and Access Intelligence which include investment via loan stock: and

3. are in portfolio companies incorporated in the UK with the exception of:

Escher - Ireland

Mycelx - USA

SQS - Germany

Nektan - Gibraltar

Faron Pharmaceuticals Oy - Finland

MayCyte Inc - USA

*Denotes private company

 

 

As at 31 May 2017, Octopus AIM 2's portfolio of investments including current liquidity investments comprised, by value, £74.3m and the net assets of the Company were £75.6m. Octopus AIM 2's investment portfolio is in a variety of sectors and comprises 70 UK AIM-quoted companies, 2 non-AIM companies, 4 fully listed companies on the premium segment of the Official List, none listed on NASDAQ and none traded on the NEX Exchange.   

For further information, please contact:

Nicola Board                                                                
Octopus Investments Limited                                                    
Tel: [phone]  

 

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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 AIM VCT 2 plc via Globenewswire