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IN BRIEF: Draper Espirit VCT swings to profit, declares dividend

5th Jul 2021 15:59

Draper Espirit VCT PLC - venture capital trust managed by Draper Espirit PLC - Net asset value per share rises 8.7% in financial year ended March 31, to 50.0 pence from 46.0p. Swings to pretax profit of GBP8.5 million from a loss of GBP6.3 million in prior year. Declares final dividend per share of 1.5p, bringing full-year total to 2.5p. Top performing investments are Fords Packaging Systems and Freetrade Ltd, while IESO Digital Health Ltd was the worst performer. Expects new investment activity to increase further in financial 2022, and for growth technology companies to drive performance.

Current stock price: 48.50p

Year-to-date change: down 3.0%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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