Interim Management Statement

    RNS Number : 6509H
  Core VCT II PLC
  06 November 2008
   

    Core VCT II plc (the 'Company')
Interim Management Statement
For the quarter ended 30 September 2008
    
 
    To the members of Core VCT II plc

    This interim management statement has been produced solely to provide additional information to shareholders as a body to meet the
relevant requirements of the UK Listing Authority's Disclosure and Transparency Rules. It should not be relied upon by any other party or
for any other purpose.

    This interim management statement relates to the period from 1 July 2008 to 30 September 2008, and contains information that covers this
period, and up to the date of publication of this interim management statement, unless otherwise specified.

    PERFORMANCE - 30 September 2008
    
                                                         At 30 Sep 2008                         At 30 June 2008
                                                 Ordinary    B Shares                       Ordinary     B Shares
                                                   Shares                                          Shares       
                
    Net asset value per                      95.40p         0.01p                         95.94p         0.01p
share 
      
    Cumulative dividends                     3.50p                -                           3.50p                -
paid to date per share  
      
    Total return since                         98.90p         0.01p                        99.44p          0.01p
inception per share*  
      
    Share price                                    60.0p         3.50p                          61.5p          3.50p

    *NAV plus cumulative dividends paid to date
    
 
    DIVIDENDS
    No dividends were paid during the period. 

    NEW INVESTMENTS
    A further investment of �37,000 was made in SPL Services, one of the
Company's existing unlisted investments.

    SHARE CAPITAL
    The Company has not issued or bought back any shares during the period.


    FURTHER RETURN OF FUNDS
    From its inception, the Company has been structured to build a diverse
portfolio of investments, to realise this portfolio and return both realised
gains and capital to investors as swiftly as possible through tax free
distributions.
    The Company is required to hold 70% of its investments in qualifying investments by 31 December 2008. The Managers are currently working
on plans to ensure this requirement will be exceeded before 31 December 2008.
    In common with all Venture Capital Trusts, there is little if any available
liquidity in trading in the Company's shares, and although the Directors are
able to buy back shares within certain constraints, this is intended for use
only in exceptional circumstances. Accordingly, those investors who seek to
realise value by selling their shares in the secondary market are likely to
suffer a significant discount and potential loss of value. We would strongly
suggest that shareholders consider holding their shares with a view to
benefiting from future realisations.

Other than as set out above, the Board is not aware of any significant events or transactions which have occurred between 30 September 2008
and the date of publication of this interim management statement which would have a material impact on the financial position of the
Company.

    For further information, please contact:
Graeme McDonald, for Aberdeen Asset Managers Limited, Company Secretary on 0141 306 7121.

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

Core Vct Ii (LSE:CR2)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024