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IN BRIEF: Kings Arms Yard NAV rises, declares special dividend

20th Sep 2021 06:55

Kings Arms Yard VCT PLC - venture capital trust investing in technology companies - On Friday announces 10% rise in net asset value in the first half of 2021, to 23.99 pence as at June 30 from 21.84p on December 31. Swings to pretax profit of GBP12.5 million from a loss of GBP4.3 million year-on-year. Declares special dividend of 1.14p per share following sales of care homes. Gains driven by external fundraising rounds for Quantexa and Oviva, increasing their valuations.

Current stock price: 22.90p

Year-to-date change: up 19%

By Ivan Edwards; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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