Hazel Renewable Energy VCT1's net asset value per ordinary share rose to 117.6p in the year to the end of September - up from 115.2p a year ago. The NAV of the company's A shares was unchanged at 0.1p.
At the year end, the Company held a portfolio of 16 investments with a total value of GBP30.7 million.
There were five full realisations during the year, primarily from investments that had ceased to undertake any activities and were being wound up. There were also partial loan stock redemptions from four investments. Total proceeds were GBP1.2 million and realised gains on the year were GBP121,000. In reviewing the investment valuations at the year end, the Board has made a number of adjustment resulting in a net unrealised gain of £1.9 million.
At 1:06pm: (LON:HR1O) Hazel Renewable Energy VCT 1 PLC share price was +5p at 110.5p