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IN BRIEF: Blackfinch Spring net asset value drops as portfolio grows

27th Aug 2021 14:00

Blackfinch Spring VCT PLC - Gloucester-based venture capital trust interested in technology businesses - Notes net asset value of 90.60 pence at June 30, down from 94.08 pence at December 31. Raises GBP6.45 million in first half of 2021, pumps into five technology-focused businesses and takes portfolio from three to eight. Plans to introduce dividend in 2024.

Reports net assets multiplied in period; GBP9.9 million at June 30 compared to GBP3.7 million at December 31.

Current stock price: 86.00 pence

Year-to-date change: down 7.5%

By Josie O'Brien; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Blackfinch Spr.
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Value8,634.80
Change51.99