Performance at month end

RNS Number : 7752E

HgCapital Trust PLC

06 November 2015

 

HgCapital Trust plc ("the Trust")

All information is at 31 October 2015 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.
NAV per share	(1.4%)	(0.4%)	11.3%	4.8%	8.6%	10.9%
Share price	0.9%	(2.7%)	4.0%	5.5%	5.3%	8.9%
FTSE All-Share Index	4.7%	(3.6%)	3.0%	8.5%	7.1%	6.4%

Sources: HgCapital, Factset

		31 October 2015		Pro-forma2
NAV per share:1		1,282.3p		1,300.7p
Share price per ordinary share:		1,070.0p
Ordinary share price discount to NAV:		16.6%
Total net assets:		£478.6m		£485.5m
Net yield:		3.0%
Market Capitalisation:		£399.4m
Gearing:		Nil%
Ordinary shares in issue:		37,324,698
1 includes ten months net revenue of 23.68p 2 includes estimated impact of JLA transaction, due to complete in December, and the impact of the revaluation of the carried interest provision

The investment portfolio and the provision for carried interest have not been revalued at 31 October 2015. The unaudited NAV at 31 October 2015 is based on the NAV at 30 June 2015, adjusted to reflect purchases and realisations of investments, exchange rate movements, market prices (at bid) in respect of quoted investments, any dividends payable and expenses incurred during the period.

 

Sector Analysis

Sector	% of Net Assets
TMT	59.6
Services	22.6
Industrials	5.2
Healthcare	3.4
Other	3.0
Renewable Energy	2.8
Provision for carried interest	(2.6)
Cash and other liquid assets	6.0
	100.0%

 

 

Ten Largest Investments        

Company	% of Portfolio1		Sector
IRIS	10.9		TMT
Visma	8.2		TMT
Teamsystem	7.6		TMT
P&I	7.1		TMT
Achilles	6.2		TMT
JLA	5.9		Services
Zenith Leasedrive	5.6		Services
The Foundry	4.4		TMT
e-conomic2	4.1		TMT
Radius	3.9		Services
	63.9%

¹ excluding provision for carried interest

² largely consists of exposure to Visma

06 November 2015

 

END

 

 

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