30th Mar 2016 16:51
LONDON (Alliance News) - Maven Income & Growth VCT 4 PLC on Wednesday reported a rise in its net asset value total return in 2015.
The venture capital trust said its NAV total return was 140.15 pence in 2015, a 6.8% increase on 131.25p in 2014, driven by a number of profitable realisations, increases in investment income and uplifts in the valuation of certain investments.
"The board remains confident that the manager can continue to identify attractive VCT qualifying investee companies to enable your company to meet its investment objective and deliver growth in shareholder returns," Chairman Ian Cormack said in a statement.
Shares in Maven were untraded on Wednesday, last quoted at 92.39 pence.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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