Business and people search

Talisman First Venture Capital NAV up 2.9%

27th July 2012


Talisman First Venture Capital Trust's net asset value per share rose to 49.8p in the year to the end of March - up 2.9% on last time.

The company said its portfolio now contained more than 30 later-stage and income generating private company holdings, diversified across a range of industry sectors, with the exposure to illiquid or low income quoted stocks reduced from almost 90% of the total portfolio in 2005 to less than 5% at the year-end.

Chairman Jonathan Carr added: "This investment strategy has resulted in a 42.4% increase in revenue over the year, as a result of the Manager's policy of structuring each deal with a significant element of secured loan stock in order to generate an immediate yield to the VCT."




At 4:19pm: (LON:TFV) Talisman First Venture Capital Trust share price was 0p at 26p



Story provided by StockMarketWire.com
Print this page Bookmark and Share Send to a friend
 
Walker Morris B2 May 2013 D2
LUBS B3 May and June 2013

Latest Poll

Which sector will most drive economic recovery in Yorkshire?

ISIS B4 April 13
Arena Group B5 May 2013 D2
TheBusinessDesk is a company registered in the UK - Company #6324067 - VAT #917602919