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IN BRIEF: Albion Technology & General VCT net asset value edges down

ALN

Albion Technology & General VCT PLC - venture capital trust investing in unquoted growth and technology businesses for dividend income and long-term capital growth - Holds annual general meeting on Tuesday, providing a performance update for the first quarter of 2026. Net asset value is £294.2 million, or 70.39 pence per share, on March 31, down 0.5% from December 31. Albion Technology will pay a 1.77p first dividend for 2026 in June, which will reduce NAV per share to 68.62p.

During the first quarter, the VCT made a new £1.7 million investment in GeoSurge, which optimises brand visibility in AI model responses. Among existing portfolio holdings, Albion Technology made a £380,000 further investment in Panaseer, a provider of cyber security services, and a £148,000 further investment in Healios, an online platform offering psychological care for children and adolescents.

Current stock price: 64.00p

12-month change: down 5.2%

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