9th Jun 2010 14:49
The Performance at Month End announcement released on 8 June 2010 at 2:22pm under reference PRNUK-0806101419-A526 incorrectly classified the Company's holding in Stepstone Solutions as 'Services' as apposed to 'Technology & Media'. The full text of the amended announcement, including the revised sector breakdown is displayed below.
HgCapital Trust plc
All information is at 31 May 2010 and unaudited.
Performance at month end with net income reinvested
One month Three One Three Five months year years years Net asset value -1.4% -1.9% 4.2% 28.6% 106.2% Share price -4.1% -4.5% 1.3% 1.2% 76.7% FTSE All-Share -6.2% -1.3% 22.9% -12.8% 20.1%Index
Sources: HgCapital, Standard & Poor's Micropal
At month endNet asset value:* 890.0p Share price: 800.0p Discount 10.1% Total net assets: £276.8m Net yield: 3.1% Gearing: Nil% Ordinary shares in issue: 31,103,915 * includes 5 months net revenue of 12.4p
The NAV is recalculated monthly with respect to cash, cash equivalents and quoted investments in the portfolio.
Unquoted investments were last revalued at 31 December 2009.
Sector Total Net Assets % Technology & Media 20.1 Industrials 4.6 Consumer & Leisure 5.9 Healthcare 13.3 Services 5.5 Renewable Energy 5.2 Other 7.4 Cash and other liquid assets * 38.0 100.0
* Cash and other liquid assets are stated before investments in Fr¶sunda, SimonsVoss and Manx Telecom, scheduled to complete in June 2010. After completion, cash and other liquid assets will be 24.9% of total net assets.
Ten Largest InvestmentsCompany Total Assets Sector % VISMA 9.9 Technology & Media Pulse Staffing 8.6 Healthcare Stepstone Solutions 5.5 Technology & Media Hg Renewable Energy 5.2 Renewable Energy JLA 4.8 Services Mondo Minerals Co-op 3.8 Industrials Midas (Goldshield) 3.1 Healthcare Sporting Index 2.9 Consumer & Leisure Schleich 2.8 Consumer & Leisure SLV 2.5 Industrials 49.1 08 June 2010
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HgCapital Trust plc