27th Nov 2020 18:29
Puma VCT 13 PLC - venture capital trust - August 31 net asset value 111.59 pence, up from 87.73p the year before and from 100.33p on February 29. Notes that: "The company recorded a profit for the period of GBP1.8 million, arising from revaluations upwards of the holdings in Pure Cremations and Le Col."
Chair David Buchler: "The opportunity now is to be proactive as the economy and society recover, probably changed forever. Notwithstanding the considerable uncertainty arising from the Covid-19 pandemic and the unprecedented policy measures put in place to contain it, we do look to the future with confidence - and not only due to the promising vaccine results currently being announced. The UK benefits from an active and dynamic sector of small and medium enterprises. As this company's own portfolio shows, whilst there will be losers from the pandemic and its aftermath there will also be winners."
Current stock price: 85.00p
Year-to-date change: down 7.6%
By Anna Farley; [email protected]
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