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Albion Crown VCT PLC - venture capital trust that invests in smaller, unquoted growth businesses - Net asset value per ordinary share on December 31, the end of the first half of its financial year, is 31.17 pence, down 3.2% from 32.20p on June 30, though up slightly from 31.03p on December 31, 2023. The negative return in the half-year is 0.8% when including dividend payments. Albion Crown VCT paid a 0.81p per ordinary share dividend in the recent half-year, down from 0.83p a year before. It also declared a 0.78p dividend to be paid next month. Each dividend is about 2.5% of NAV, as the company targets a 5% total annual yield on NAV. ‘In a period marked by ongoing geopolitical tensions and political volatility in the macroeconomic landscape, the board recognise that this loss is disappointing,’ Chair Richard Glover said on Friday. ‘However, despite these challenges, the board remain optimistic about the portfolio’s prospects, particularly given the progress of several portfolio companies towards securing growth [funding] rounds.’ Current stock price: 29.00p, down 2.4% in London on Monday 12-month change: up 0.4% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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