Albion Venture Capital Trust PLC

Equities

AAVC

GB0002039625

Investment Management & Fund Operators

End-of-day quote London S.E. Other stock markets 06:00:00 2024-07-11 pm EDT			5-day change	1st Jan Change
42 ^GBX	0.00%		0.00%	-6.67%

Jul. 12	Albion Venture Capital Trust PLC Reports Earnings Results for the Full Year Ended March 31, 2024	CI
Jun. 26	Albion Venture Capital Trust PLC Declares First Dividend for the Financial Year Ending 31 March 2025, Payable on 31 July 2024	CI

Annual Financial Report

July 12, 2024 at 12:28 pm EDT

Albion Venture Capital Trust PLC
LEI Number: 213800JKELS32V2OK421
12 July 2024

Albion Venture Capital Trust PLC (the "Company")

Annual Report & Financial Statements for the year ended 31 March 2024

Results announcement
The Company's Directors are pleased to attach the Company's Annual Report and Financial Statements for the year ended 31 March 2024. A summary of the information includes:

Loss in total shareholder value of 3.49 pence per share (-6.9% on opening Net asset value) (2023: gain of 0.15 pence per share)
Net asset value of 44.93 pence per share (2023: 50.88 pence per share)
£62.0 million fund size (2023: £71.0 million)
Dividends paid of 2.46 pence per share in the year (2023: 2.65 pence per share)
£1.6 million shares purchased during the year (2023: £1.4 million)
Annual General Meeting to be held virtually at noon on 17 September 2024

The Annual Report and Financial Statements for the year ended 31 March 2024, including the Notice of Annual General Meeting, are attached to this announcement. Alternatively, copies are available on the Company’s webpage on the Manager’s website at:

www.albion.capital/funds/AAVC/31Mar2024.pdf

For further details about the Company please either visit the Company's website:

Albion Venture Capital Trust PLC
www.albion.capital/funds/AAVC

or contact:

Vikash Hansrani
Operations Partner
Albion Capital Group LLP
Telephone: 020 7601 1850

12 July 2024

Attachment

Albion Venture Capital Trust PLC - Annual Report and Financial Statements - 31 March 2024

Latest news about Albion Venture Capital Trust PLC

Albion Venture Capital Trust PLC Reports Earnings Results for the Full Year Ended March 31, 2024	Jul. 12	CI
Albion Venture Capital Trust PLC Declares First Dividend for the Financial Year Ending 31 March 2025, Payable on 31 July 2024	Jun. 26	CI
Albion Venture Capital Trust PLC Declares Second Interim Dividend for the Year Ending 31 March 2023, Payable on 31 January 2024	Dec. 14	CI
Albion Venture Capital Trust PLC Reports Earnings Results for the Half Year Ended September 30, 2023	Dec. 14	CI
Albion Venture Capital Trust PLC Elects Neeta Patel as A Director of the Company	23-09-08	CI
Albion Venture Capital net asset value continues to decrease	23-09-08	AN
Albion Venture Capital Trust PLC Reports Earnings Results for the Full Year Ended March 31, 2023	23-07-04	CI
Albion Venture Capital Trust plc Declares First Dividend for the Financial Year Ending 31 March 2024, Payable on 31 July 2023	23-06-21	CI
Albion Venture Capital net asset value falls amid economic uncertainty	22-12-08	AN
Albion Venture Capital Trust PLC commences an Equity Buyback for 17,470,774 shares, representing 14.99% of its issued share capital, under the authorization approved on September 6, 2022.	22-12-08	CI
Albion Venture Capital Trust PLC Declares Second Interim Dividend for the Year Ending 31 March 2023, Payable on 31 January 2023	22-12-07	CI
Albion Venture Capital Trust PLC Reports Earnings Results for the Half Year Ended September 30, 2022	22-12-07	CI
Albion Venture Capital Trust plc Declares First Dividend for the Year Ending March 31, 2023, Payable on July 29, 2022	22-06-29	CI
Albion Venture Capital Trust PLC Reports Earnings Results for the Full Year Ended March 31, 2022	22-06-29	CI
Albion Venture Capital Trust plc Appoints Neeta Patel CBE as A Non-Executive Director, Effective 1 July 2022	22-06-22	CI
Albion Venture Capital Trust PLC Reports Earnings Results for the Half Year Ended September 30, 2021	21-12-01	CI
Albion Venture Capital Trust PLC commences an Equity Buyback for 17,470,774 shares, representing 14.99% of its issued share capital, under the authorization approved on September 7, 2021.	21-09-30	CI
Albion Venture Capital Trust PLC Declares Special Dividend, Payable on July 30, 2021	21-06-21	CI
Albion Venture Capital Trust PLC Announces Earnings Result for the Year Ended March 31, 2021	21-06-21	CI
Albion Venture Capital Trust PLC Declares Second Dividend, Payable on 29 January 2021	20-12-03	CI
Albion Venture Capital Trust PLC Reports Unaudited Earnings Results for the Six Months Ended September 30, 2020	20-12-03	CI
Albion Venture Capital Trust PLC Declares First Dividend for the Year Ending 31 March 2021, Payable on 31 July 2020	20-07-01	CI
Albion Venture Capital Trust PLC Reports Unaudited Earnings Results for the Year Ended March 31, 2020	20-07-01	CI
Albion Venture Capital Trust PLC Appoints Ann Berresford as Senior Independent Director and Chairman of the Remuneration Committee	20-06-23	CI
Albion Venture Capital Trust PLC Appoints Richard Wilson as Non-Executive Director, Effective 1 May 2020	20-04-21	CI

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Company Profile

Albion Venture Capital Trust PLC is a United Kingdom-based venture capital trust. The Companyâs investment policy is intended to produce a regular and predictable dividend stream with an appreciation in capital value. The Company will invest in a portfolio of smaller, unquoted growth businesses across a variety of sectors, including higher risk technology companies. Investments may take the form of equity or a mixture of equity and loans. The allocation of funds will be determined by the investment opportunities which become available, but efforts will be made to ensure that the portfolio is diversified both in terms of sector and stage of maturity of the Company. Its portfolio of investments across various sectors includes renewable energy; software and technology; healthcare, including digital healthcare; other, including education, and cash and other net assets. The Companyâs manager is Albion Capital Group LLP.

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Investment Management & Fund Operators

Calendar

2024-09-17 - Annual General Meeting

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