LONDON - Albion Venture Capital Trust PLC (LSE:AAVC), a publicly traded investment company, has reported a loss for the six-month period ending September 30, 2024. The company disclosed a loss of 1.80 pence per share, marking a 3.9% decrease from the opening net asset value. This compares to a loss of 2.15 pence per share in the same period the previous year.
The net asset value per share stood at 42.04 pence as of September 30, 2024, down from 44.93 pence reported on March 31, 2024. The fund size was reported at £56.9 million, a decrease from £62.0 million at the end of March 2024.
During the year, Albion Venture Capital Trust PLC paid out dividends of 1.12 pence per share, which is a reduction from the 1.27 pence per share paid out as of September 30, 2023.
The financial results are detailed in the company's half-yearly financial report, which has been made available on the company’s website and is also due to be submitted to the National Storage Mechanism for public inspection.
Investors and interested parties seeking further details about the company's performance during the period can visit Albion Capital's website or contact Vikash Hansrani, Operations Partner at Albion Capital Group LLP.
This article is based on a press release statement from Albion Venture Capital Trust PLC, providing shareholders and the public with a transparent view of the company's financial performance over the past six months.
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