Artemis VCT plc Announces Unaudited Financial Results for the Six Months Ended March 31, 2017
May 30, 2017 at 12:17 pm EDT
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Artemis VCT plc announced unaudited financial results for the six months ended March 31, 2017. For the period, the company reported return on ordinary activities before taxation was £6,753,000 against £4,631,000 for the same period a year ago. Return on ordinary activities after taxation was £6,753,000 against £4,631,000 for the same period a year ago. Return per ordinary share was 12.68 pence per share against 8.60 pence per share for the same period a year ago. Net asset value per share was 74.62 pence per share against 68.90 pence per share for the same period a year ago. Net cash used in operating activities was £245,000 against £171,000 for the same period a year ago.
Artemis VCT Plc is a United Kingdom-based venture capital trust (VCT), whose business is to buy and sell investments. The Company's investment objective is to achieve long-term capital and income growth and to generate tax-free capital and income distributions. The Company is engaged in the business of investing in shares and securities issued by companies operating in the United Kingdom. The Company invests in a diversified portfolio of companies across a range of industries, with a focus on companies whose shares are traded on Alternative Investment Market (AIM). The Company also invests in ICAP Securities and Derivatives Exchange (ISDX) and unquoted companies. It holds investments in various sectors, such as industrials, technology, healthcare, consumer services, financials, consumer goods, utilities, and oil and gas. Artemis Fund Managers Limited is the alternative investment fund manager for the Company.
ARTEMIS VCT PLC 