The Performance at Month End announcement released on 8 June 2010 at 2:22pm
under reference PRNUK-0806101419-A526 incorrectly classified the Company's
holding in Stepstone Solutions as 'Services' as apposed to 'Technology &
Media'. The full text of the amended announcement, including the revised sector
breakdown is displayed below.
HgCapital Trust plc
All information is at 31 May 2010 and unaudited.
Performance at month end with net income reinvested
One month Three One Three Five
months year years years
Net asset value -1.4% -1.9% 4.2% 28.6% 106.2%
Share price -4.1% -4.5% 1.3% 1.2% 76.7%
FTSE All-Share -6.2% -1.3% 22.9% -12.8% 20.1%
Index
Sources: HgCapital, Standard & Poor's Micropal
At month end
Net asset value:* 890.0p
Share price: 800.0p
Discount 10.1%
Total net assets: £276.8m
Net yield: 3.1%
Gearing: Nil%
Ordinary shares in issue: 31,103,915
* includes 5 months net revenue of 12.4p
The NAV is recalculated monthly with respect to cash, cash equivalents and
quoted investments in the portfolio.
Unquoted investments were last revalued at 31 December 2009.
Sector Total Net Assets
%
Technology & Media 20.1
Industrials 4.6
Consumer & Leisure 5.9
Healthcare 13.3
Services 5.5
Renewable Energy 5.2
Other 7.4
Cash and other liquid assets * 38.0
100.0
* Cash and other liquid assets are stated before investments in Frösunda,
SimonsVoss and Manx Telecom, scheduled to complete in June 2010. After
completion, cash and other liquid assets will be 24.9% of total net assets.
Ten Largest Investments
Company Total Assets Sector
%
VISMA 9.9 Technology & Media
Pulse Staffing 8.6 Healthcare
Stepstone Solutions 5.5 Technology & Media
Hg Renewable Energy 5.2 Renewable Energy
JLA 4.8 Services
Mondo Minerals Co-op 3.8 Industrials
Midas (Goldshield) 3.1 Healthcare
Sporting Index 2.9 Consumer & Leisure
Schleich 2.8 Consumer & Leisure
SLV 2.5 Industrials
49.1
08 June 2010
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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