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Octopus AIM VCT 2 Keeps Payout Flat, Reports Net Assets Growth

23rd Feb 2021 11:57

(Alliance News) - Octopus AIM VCT 2 PLC on Monday said its performance improved over its recently-ended financial year.

The investment firm said net assets as at the end of November stood at GBP104.2 million compared to GBP80.0 million a year earlier, resulting in a net asset value per share of 82.9 pence compared to 72.4p the year prior.

The company said NAV total return for the year was 20%. In the same year, the FTSE AIM All Share Index rose by 15%, the FTSE SmallCap Index - excluding investment companies - rose by 2.8%, and the FTSE All Share Index fell by 10%, all on a total return basis.

Octopus AIM VCT 2 declared a final dividend of 2.1 pence a share, unchanged year-on-year.

During the year, the company said it continued to buy back shares in the market and purchased 3.8 million shares for a total consideration of GBP2.7 million.

Octopus AIM VCT 2 shares were untraded in London on Tuesday, last closing at 87.00p each.

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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