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Investegate |Albion Tech&Gen VCT Announcements | Albion Tech&Gen VCT: Albion Technology & General VCT PLC : Annual Financial Report
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Kings Arms Yard VCT PLC: Annual Financial Report
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Albion Technology & General VCT PLC : Annual Financial Report
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Investegate |Albion Dev VCT Announcements | Albion Dev VCT: Annual Financial Report
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The financial year to 30 November 2020 has been a period of significant challenge and uncertainty, following the emergence of the COVID-19 pandemic and the subsequent imposition of protective measures and restrictions that have had a wide reaching impact on the economy and our society. This public health crisis has touched the lives of many people and our thoughts are with everyone who has been affected.
Notwithstanding the disruption caused by the pandemic, your Board is pleased to announce a slight uplift in NAV total return at the year end to 79.83p per share. Under the circumstances, the Directors consider that this is a creditable performance, which reflects the strength and diversity of the underlying portfolio and the ability of most investee companies to adjust to the current market conditions. Notably, the AIM quoted portfolio performed strongly during the year, with the majority of holdings reporting positive trading updates and share price appreciation. In terms o