30th Aug 2023 18:19
Blackfinch Spring VCT PLC - Gloucester-based venture capital trust interested in technology businesses - Reports net asset value per share as at June 30 of 93.85 pence, up from 93.19p a year prior. Capital reserve as at June 30 surges to GBP1.6 million from GBP685,000 a year earlier. Looking ahead, Chair Peter Hewitt says the manager reports a healthy pipeline of potential new businesses " with excellent growth potential for future investment. Coupled with the good performance of the existing portfolio, and continued strong inflows, it suggests that the future prospects for the company remain positive despite the wider economic uncertainty."
Current stock price: 0.00 pence
12-month change: down from 8,850p on August 30, 2022
By Tom Budszus, Alliance News reporter
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