Ventus VCT has reported that, as at the 31 August, the NAV of the ordinary share fund of the Company stood at £18,289,000 or 112.2p per ordinary share (28 February 2017: £18,684,000 or 114.6p per ordinary share).
The value of investments held at 31 August 2017 in the ordinary share fund was £17,520,000, compared to £17,597,000 at 28 February 2017.
The income generated in the ordinary share fund during the six months ended 31 August 2017 totalled £291,000, of which £223,000 was loan stock interest, £67,000 was from dividends and £1,000 was bank deposit interest.
This compares to total income of £432,000 for the six months ended 31 August 2016. Income in the six month period ended 31 August 2017 was lower than expected due to the poor wind and rainfall resource during 2016 and the delay between actual electricity generation and investee companies paying dividends.
The revenue profit attributable to ordinary shareholders for the period was £122,000 or 0.75p per ordinary share (six month period ended 31 August 2016: £204,000 or 1.24p per ordinary share).
The capital gain attributable to ordinary shareholders for the period was £135,000 or 0.83p per ordinary share (six month period ended 31 August 2016: £468,000 or 2.86p per ordinary share), resulting in a net gain attributable to ordinary shareholders for the period of £257,000 or 1.58p per ordinary share (six month period ended 31 August 2016: £672,000 or 4.10p per ordinary share).
(LON:VEN) Ventus Vct Plc share price was -1p at 107p
(LON:VENC) Ventus Vct Plc share price was +1p at 122p
(LON:VEND) Ventus Vct Plc D Shs 25p share price was 0p at 120p