Albion Enterprise VCT PLC: Interim Management Report

Albion Enterprise VCT PLC Interim Management StatementLEI Code: 213800OVSRDHRJBMO720 IntroductionI present Albion Enterprise VCT PLC (the “Company”)’s interim management statement for the period from 1 April 2025 to 30 June 2025. Performance and dividendsThe Company's unaudited net asset value (“NAV”) on 30 June 2025 was £277.3 million or 115.72 pence per share (excluding treasury shares), a decrease of 0.50 pence per share (0.4%) since 31 March 2025.After accounting for the...

London, 10/09/2025 (informazione.news - comunicati stampa - servizi)

Albion Enterprise VCT PLC
Interim Management Statement
LEI Code: 213800OVSRDHRJBMO720

Introduction
I present Albion Enterprise VCT PLC (the “Company”)’s interim management statement for the period from 1 April 2025 to 30 June 2025.

Performance and dividends
The Company's unaudited net asset value (“NAV”) on 30 June 2025 was £277.3 million or 115.72 pence per share (excluding treasury shares), a decrease of 0.50 pence per share (0.4%) since 31 March 2025.

After accounting for the first dividend for the year ending 31 March 2026 of 2.91 pence per share paid on 29 August 2025 to shareholders on the register on 1 August 2025, the NAV is 112.81 pence per share.

Portfolio
The following investments have been made during the period:

Top ten holdings (as at 30 June 2025)

A full breakdown of the Company’s portfolio can be found on the Company’s webpage on the Manager’s website at www.albion.capita l /v c t -fun d s/AAEV .

Share buy-backs
During the period, the Company did not buy back any shares as it was in a close period.

It remains the Board’s policy to buy back shares in the market, subject to the overall constraint that such purchases are in the Company’s interest, including the maintenance of sufficient resources for investment in existing and new portfolio companies and the continued payment of dividends to shareholders.

It is the Board’s intention for buy-backs to be at around a 5% discount to net asset value, so far as market conditions and liquidity permit.

Cancellation of share premium account
The Company obtained authority to cancel the amount standing to the credit of its share premium account at the General Meeting on 11 December 2024. The purpose of the proposal was to increase the distributable reserves available to the Company for the payment of dividends, the buy-back of shares, and for other corporate purposes.

The proposal received the consent of the Court on 13 May 2025, and the changes have been registered at Companies House on 20 May 2025. Over time, this will create additional distributable reserves of £195.5 million.

Material events and transactions after the period end
The Company paid a dividend of 2.91 pence per Ordinary share on 29 August 2025 to shareholders on the register on 1 August 2025. The Company issued the following Ordinary shares of nominal value 1 penny per share under the dividend reinvestment scheme:

There have been no other material events or transactions after the period end to the date of this announcement.

Further information
Further information regarding historic and current financial performance and other useful shareholder information can be found on the Company’s webpage on the Manager’s website at www.albion.capita l /vct-f u n d s/AAEV .

Ben Larkin, Chairman
10 September 2025

For further information please contact:
Vikash Hansrani
Operations Partner

Albion Capital Group LLP - Tel: 020 7601 1850