19th Aug 2008 12:46
TP70 VCT plc
Interim Management Statement - quarter ended 30 June 2008.
This Interim Management Statement is for the quarter ended 30 June 2008 and is provided in accordance with Rule 4.3 of the Disclosure and Transparency Rules of the UK Listing Authority.
This Statement relates to the financial information from 1 April 2008 to 30 June 2008 and contains information giving an indication of the material events and transactions that have taken place during this period.
This statement has been prepared to provide additional information in pursuance of the relevant requirements of the UK Listing Authority Disclosure and Transparency Rules, and should not be relied on by shareholders, or any other party, for any other purpose.
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Net assets at 30 June 2008 comprised of:- |
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Unaudited |
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£'000 |
% |
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Financial assets at fair value |
29,161 |
97.9 |
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Net current assets |
628 |
2.1 |
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29,789 |
100.0 |
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Net asset value per ordinary share |
93.03p |
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Investment Activity
The financial assets at fair value figure represents the Company's exposure both directly and indirectly to GAM Diversity Inc; which complies with the initial investment objective proposed in the investment Prospectus.
Material Events and Transactions
During the period from 1 April 2008 to the date of issue of this statement the Company bought back 15,075 ordinary shares at a total cost of £13,032.33. As at 30 June 2008 the Company's issued share capital consisted of 32,022,471 ordinary shares. The Company's Board is unaware of any other significant event or transaction up to the date of publication of this statement which would have a material impact on the Company's financial position.
Further Information
For further information please contact Triple Point Investment Management LLP on 0207 404 7403.
Issued on behalf of the Board
Company Secretary, TP70 VCT plc
15 August 2008
Related Shares:
Triple Point Ve