2nd Dec 2020 14:29
Augmentum Fintech PLC - venture capital investor focusing exclusively on the fintech sector - NAV per share ended September at 119.3 pence compares to 116.1p at the end of March. Net assets rose to GBP139.4 million from GBP135.8 million over the same six month period.
Chair Neil England says: "I am pleased to report that in the period, despite many sectors in the UK and wider European economies being hit hard by the effects of the pandemic, our NAV per share increased by 2.8%. The company's share price has doubled since the March lows, reflecting investor confidence in our proposition."
"We have an interesting and diverse portfolio and an experienced management team looking to add compelling new investments. The fintech market offers a substantial opportunity for further growth and your board remains confident that the long term investor will be well rewarded," he adds.
Current stock price: 137.00 pence
Year-to-date change: up 33%
By Paul McGowan; [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Augmentum Fint.