10th Feb 2005 15:48
Elderstreet VCT PLC10 February 2005 Elderstreet VCT plc10 February 2005 Elderstreet VCT plc announces that its unaudited Net Asset Value per share at 31December 2004 (before provision for any year end dividends that may be proposed)was 64.9 p per share. The Company's top largest investments at 31 December 2004 are summarised asfollows: Company Activity Voting Book Value Method of Pretax Retained Net Latest Rights Cost £000 Valuation profit Profit Assets year £000 £000 £000 end Computer Software Consolidator 9.39% 1,462 1,869 Discount (343) (7,416) 6,285 Feb-04 Group PLC * of software to Mid companies for Market the IBM (AIM) i-series, field service, membership and charities markets. Fords Packaging Packaging 25.00% 83 917 Price 483 428 1,022 Jun-04 Systems Limited equipment earnings manufacturer and distributor for the food and drink market Wessex Advanced The company 22.50% 51 675 Price 404 918 1,145 Dec-03 Switching Products manufacturers earnings Limited rotary switches for military communication systems, membrane switches and touch screens for electronic control panels The National A subscription 19.04% 856 650 Price 161 (4,008) (1,973) Dec-03 Solicitors Network based earnings Limited ('TNSN') solicitors network which charges for work referral and additional products / services European Telecom 5.20% 450 558 Market (1,781) (14,347) (1,262) Dec-03 Telecommunications service comparable & Technology integrator Limited providing enterprise network solutions to corporate customers Snacktime Limited Agreement free 10.00% 550 550 Cost (311) (321) (270) Sep-03 vending machine operator Berkeley Scott Recruitment 10.43% 657 544 Discount (4) (548) 1,019 Sep-04 Group plc * agency to Mid specialising Market in the (AIM) hospitality sector Henry J Beans Group American style 21.74% 587 450 Price (246) (763) 506 Mar-04 plc restaurant and earnings bar chain Milkround Online Online 5.00% 250 348 Third party n/a 326 871 Dec-03 Limited graduate recruitment agency U M (Holdings) Hire and sale 35.00% 150 312 Price 129 203 308 Aug-03 Limited of equipment earnings to support No-Dig technology in laying or relaying underground pipework used by the utility industry All investments are in the form of ordinary or preferred ordinary shares withthe following exceptions (a) TNSN comprises equity of £456,000 and loan stock of £400,000(b) Snacktime comprises equity of £55,000 and loan stock of £495,000(c) Henry J Beans plc comprises equity of £337,000 and loan stock of £250,000 Investments quoted on AIM are stated at market value based upon middle marketprices at 31 December 2004 discounted where necessary to reflect any lack ofliquidity. Unlisted investments are stated at Directors' Valuation in accordancewith the Guidelines for the Valuation and Disclosure of Venture CapitalPortfolio issued by the British Venture Capital Association. The figures for pre-tax profit and net assets are extracted from the most recentaudited accounts. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
DEVC.L