30th Sep 2014 15:36
LONDON (Alliance News) - Maven Income and Growth VCT 2 PLC Tuesday reported an increase in its net asset value total return in the first six months of the financial year.
In a statement, Maven Income and Growth VCT 2 said its NAV total return increased to 87.67 pence on July 31 from 87.17p on January 31.
"Your company will continue to focus on investing at attractive entry values in established UK businesses that are capable of generating income and have significant potential for capital appreciation. The board and the manager believe that this strategy continues to be the optimal approach for supporting a progressive dividend programme and delivering consistent growth in shareholder value," Maven Capital Partners UK LLP said in a statement.
Maven Income and Growth VCT 2 shares were untraded Tuesday at 55.25 pence.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
Maven Income and Growth VCT 2