24th Jul 2020 15:46
(Alliance News) - Maven Income & Growth VCT 3 PLC on Friday reported a fall in net assets during its first half.
Net asset value per share at May 31 stood at 54.74 pence, down 8.6% from 59.92p at November 30 and down 12% annually.
The stock was untraded at 50.80p each in London on Friday afternoon.
"During the reporting period, the global economy and financial markets have been significantly impacted by the Covid-19 pandemic, which has created a challenging operating environment for many portfolio companies," the venture capital trust said.
The company held its interim payout at 2.00p per share.
By Eric Cunha; [email protected]
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