Last checked at 8 Feb 2024 15:30
8 February 2024
Triple Point Venture VCT plc
(the "Company")
Venture Share Class Net Asset Value
The Company announces that the unaudited NAV per Venture Share as at 31 December 2023 was 97.96 pence per share (as at 17 November 2023 the unaudited NAV was 97.32 pence per share).
The increase in the Venture NAV reflects the net effect of a number of valuation changes for portfolio companies. In recent months, several portfolio companies have raised funding rounds at higher valuations. While downward fair-value adjustments have also been applied or increased to several portfolio companies that we judge to be running behind our expectations in the current challenging economic environment, the net effect of these changes is positive.
FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT
Triple Point Investment Management LLP (Investment Manager) | Tel: 020 7201 8989 |
Ian McLennan Belinda Thomas |
The Company's LEI is 213800AOOAQA5XQDEA89
Further information on the Company can be found on its website
https://www.triplepoint.co.uk/current-vcts/triple-point-venture-vct-plc/s2539/
NOTES:
The Company is a Venture Capital Trust incorporated in July 2010 and was established to fund small and medium sized enterprises. The Investment Manager is Triple Point Investment Management LLP.