IN BRIEF: Albion Enterprise VCT cuts payout as interim NAV falls
Albion Enterprise VCT PLC - London-based investor focused on longer term capital growth - Publishes results for the six months to September 30. Net asset value per share is 112.72 pence compared to 116.22p at March 31. Total loss is GBP1.5 million, swung from a GBP9.5 million gain in the year prior. Dividend is 2.91 pence, down from 3.14p. Declares second dividend for year to March 2026 of 2.82 pence compared to 3.28p a year prior. Looking ahead, says it maintains "a diversified portfolio of growth focused companies," many of which "demonstrated resilience in challenging conditions". Remains confident in the long term potential of its portfolio. "Our investment strategy remains focused on supporting high potential, early stage businesses, and we continue to see attractive opportunities in sectors aligned with growth trends driven by innovative technology," Albion adds. Read More