Half-year Report

Income & Growth VCT (The) PLC

12 June 2024

 

THE INCOME & GROWTH VCT PLC

LEI: 213800FPC15FNM74YD92

UNAUDITED HALF-YEAR RESULTS FOR THE SIX MONTHS TO 31 MARCH 2024

The Income & Growth VCT plc ("the Company") today announces its Half-Year results for the six months to 31 March 2024.

Financial Highlights

As at 31 March 2024: Net assets: £115.29 million Net asset value ("NAV") per share: 74.29 pence

Results for the six months to 31 March 2024:

·    Net asset value ("NAV") total return1 (including dividends) per share was 2.5%.

·    Share price total return1 (including dividends) per share was 4.8%.

·    The Board declared an interim dividend in respect of the current year of 3.00 pence per share which was paid to Shareholders on 7 June 2024.

·    The Company made four new investments of £3.63 million and four follow-on investments of £1.12 million.

·    Proceeds of £3.88 million were received from one realisation.

1 Alternative Performance Measure ("APM").  See Glossary of terms in the Half-Year Report.

The Half-Year report can be downloaded via the Company's website at:  www.incomeandgrowthvct.co.uk. A copy of the above document has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism For further information, please contact: Gresham House Asset Management Limited Company Secretary [e-mail] [phone]

 

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