Performance at month end

RNS Number : 5075G
HgCapital Trust PLC
07 June 2013
 



HgCapital Trust plc ("the Trust")

 

All information is at 31 May 2013 and unaudited.

 

 

Historical total return (with net income reinvested) performance at month end

 

                                                                                             


One
month
%

Three months 
%

One
year 
%

Three years
% p.a.

Five
years 
% p.a.

Ten
years 
% p.a.

Net asset value (diluted)

  0.4%

0.5%

19.0%

13.2%

6.3%

16.1%

Net asset value (basic)

 0.4%

0.5%

17.9%

13.9%

6.5%

16.2%

Share price

 (2.1%)

0.3%

26.1%

14.1%

7.2%

18.6%

FTSE All-Share Index

       2.9%

5.0%

30.1%

12.9%

6.2%

9.6%

 

Sources: HgCapital, Factset

 

 

Financials as at 31 May 2013 (see below for pro-forma financials)

 

Net asset value:*              


  Diluted

1,239.1p

  Basic

1,249.7p

Share price ordinary shares:                   

1,126.0p    

 

Ordinary share price discount to NAV:


  Diluted

9.1%

  Basic

9.9%

Share price subscription shares:

107.3p



Total net assets:                  

£444.5m

Net yield:                       

2.0%

Market Capitalisation:

£400.5m

Gearing:                          

Nil%     

Ordinary shares in issue:   

35,564,185

Subscription shares in issue:

1,760,513

 

*  includes 5 months net revenue of 20.59p

 

The NAV is recalculated monthly with respect to cash, cash equivalents and quoted investments in the portfolio and foreign exchange movements on the unquoted investments. Unquoted investments were last revalued at 31 December 2012.

                                                                                                                 

Sector

Total Assets


%

Technology & Media                 

36.7

Services

12.0

Industrials                          

7.4

Healthcare

6.7

Renewable Energy                                             

5.0

Consumer & Leisure                 

3.5

Other                               

2.2

Cash and other liquid assets                              

26.5


100.0



 

Ten Largest Investments                                           

                                 

Company

Total Assets
%


Sector

Visma

7.5


Technology & Media

TeamSystem

6.1


Technology & Media

Iris Software Group

6.0


Technology & Media

Lumesse

4.9


Technology & Media

ATC

4.5


Services

Achilles

4.3


Technology & Media

JLA

3.9


Services

Voyage

3.4


Healthcare

NetNames

3.4


Technology & Media

SimonsVoss

3.0


Industrials


47.0



 

 

Pro-forma financials

 

Following the deadline for submitting instructions in respect of the 31 May 2013 Subscription date, the Trust can confirm that Subscription rights were exercised over 1,439,684 shares in total and pursuant to the instructions received, the Board of the Trust will shortly approve the issue and allotment of 1,439,684 Ordinary shares.  These shares will be admitted to trading during June 2013 and the aggregate proceeds to be raised are £14,756,761.

 

The pro-forma financial information below represents the 31 May 2013 month-end financials, adjusted for the above share issue and subsequent proceeds expected during June 2013, and the sale of ATC as announced on 3 June 2013.

 

 

Net asset value:               


  Diluted

1,247.0p

  Basic

1,249.0p



Ordinary share price discount to NAV:               


  Diluted

9.7%

  Basic

9.8%



Total net assets:                  

£462.2m

Ordinary shares in issue:    

37,003,869

Subscription shares in issue:

320,829

 

 

07 June 2013


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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