Source - Alliance News

Molten Ventures PLC - London-based venture capital firm - Reports that on September 30, net asset value per share was 735 pence, down 5.8% from 780p at March 31. Gross portfolio value declines 5.3% to £1.30 billion from £1.37 billion over the six months. However, in the six months to September 30, operating loss before tax narrows to £72.4 million from £158.0 million a year prior. Loss from movements on investments held at fair value decreases to £63.2 million from £155.9 million. Looking ahead, Molten Ventures says the macroeconomic outlook remains uncertain, citing Ukraine and the Middle East. However, anticipates market conditions to further stabilise in the second half of the year.

Current stock price: 259.40 pence, up 3.8% on Wednesday

12-month change: down 38%

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