Venture Share Class Net Asset Value

15 December 2020

Triple Point VCT 2011 plc

(the "Company")

Venture Share Class Net Asset Value and Investment Update

Venture Share Class Net Asset Value (NAV)

The Company announces that the unaudited NAV per Venture Share as at 30th November 2020 is 91.9510 pence per share (as at 31st August 2020 the unaudited NAV was 89.5392 pence per share). In relation to the offer for new shares pursuant to the prospectus dated 14th September 2020, the Company intends to make the first allotment of shares on or around 21st December 2020.

Investment Update

The Board of the Company is also pleased to announce that the Venture Share class has completed its nineteenth investment, which was made into a business in the cyber security sector. The business's software product facilitates the easy encryption and secure sharing of data and emails and will initially target SME customers.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.