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IN BRIEF: Kings Arms Yard VCT net asset value lifted by Quantexa value

7th Jun 2023 13:46

Kings Arms Yard VCT PLC - venture capital trust managed by Albion Capital Group LLP - Net asset value per share is 21.98 pence per share on March 31, up 4.9% from 20.95p on December 31, lifted by an external fundraise by portfolio holding Quantexa. The Series E round by Quantexa was at a higher valuation and raised USD129 million. Kings Arms Yard VCT carries its investment in Quantexa, a financial crime detection platform, at GBP15.3 million.

Current stock price: 19.80 pence each

12-month change: down 8.3%

By Xindi Wei, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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