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Triple Point VCT 2011 Plc (TPV) Venture Ord GBP0.01

Sell:89.50p Buy:92.50p 0 Change: No change
Market closed Prices as at close on 24 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:89.50p
Buy:92.50p
Change: No change
Market closed Prices as at close on 24 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:89.50p
Buy:92.50p
Change: No change
Market closed Prices as at close on 24 December 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company’s Investment Policy is directed towards new investments in businesses which have the potential for high growth with the development or use of new technology being at the core of the commercial opportunity. All investments must provide the potential for a strong, positive, risk-adjusted return to investors. All investments will be made with the intention of growing and developing the revenues and profitability of the target businesses. The Company focuses on providing funding to unquoted companies at an early stage in their lifecycle to help them grow and scale. The Company will typically make initial investments of between £100,000 and £2 million and may make further follow-on investments into existing portfolio companies. The intention is to build a portfolio of predominantly unquoted companies with significant growth potential across a diversified range of sectors.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Management fees plus VAT of 2.0% p.a. of the NAV, payable quarterly in arrear. Performance incentive fee of 20% of the excess are charged wholly to capital. The appointment shall continue for a period of at least six years from the admission of those shares.

Dividend Policy

For the Venture Fund, the Company intends to distribute regular dividends of up to 5 pence per Venture Share per annum thereafter. The Company's ability to pay dividends is subject to the existence of realised profits, legislative requirements, and the available cash reserves.

ASSET SPLIT

Total number of holdings: 0.

Trust Manager

Not currently available for this investment trust.

Manager Bio

Not currently available for this investment trust.

Board Of Directors

James BrookeChairman, Julian Bartlett, Samantha Smith

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.