18th Dec 2015 13:12
LONDON (Alliance News) - Income & Growth VCT PLC on Friday said its net asset value total return per share was 8.5% for the year ended September 30.
Its share price total return per share was 7.7% for the year.
Dividends paid and proposed in respect of the year total 12.00 pence per share.
"This has been another exceptional year for realisations in which a total of GBP11.47 million was received as cash proceeds, enhancing the level of dividends paid to shareholders. A further GBP6.61 million has been received after the year-end from the sales of two investments," the company said.
"Strong dealflow has resulted in GBP8.63 million being invested into new companies and GBP2.77 million into existing portfolio companies," the company added.
Shares in the VCT were up 1.8% at 98.26 pence on Friday.
By Samuel Agini; [email protected]; @samuelagini
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