Annual Report and Accounts for the year ended 31 December 2020
Titan today announces the final results for the year to 31 December 2020 as below.
These results were approved by the Board of Directors on 23 April 2021.
You may view the Annual Report in full at
www.octopusinvestments.com shortly. All other statutory information will also be found there.
Octopus Titan VCT plc (‘Titan’ or ‘the Company’) is a venture capital trust (‘VCT’) which aims to provide shareholders with attractive tax-free dividends and long-term capital growth by investing in a diverse portfolio of predominantly unquoted companies. The Company is managed by Octopus Investments Limited (‘Octopus’ or ‘Portfolio Manager’) and Octopus AIF Management Limited (the ‘Manager’).
Annual Financial Report Announcement British Smaller Companies VCT2 plc (the Company ) today announces its audited results for the year ended 31 December 2020. HIGHLIGHTS · As announced on 28 January 2021, in the year Total Return increased by 3.3 pence to 125.0 pence per ordinary share, an increase of 6.0 per cent over the opening net asset value. · Two new investments and four follow-on investments totalling £4.0 million were completed during the year. A further two new investments totalling £2.0 million have been completed since the year end. · Realisations of investments and loan repayments generated total proceeds of £6.1 million in the year, a gain of £1.7 million over the opening carrying value and £4.0 million over cost.
First UK Knowledge Intensive deeptech university fund January 11, 2021 // By Nick Flaherty
The first UK Knowledge Intensive Funds from Parkwalk is backing deeptech university spinouts in hardware, AI and quantum
UK venture capital fund Parkwalk has launched one of the first Knowledge Intensive Funds to be approved by the UK government to invest in deeptech startups.
The fund will invest in ground-breaking deeptech businesses spun out of UK universities, but with a facility to carry back income tax relief to the previous tax year and reduced administration for investors. Launching in early January 2021, the Fund will close at the end of the tax year in April 2021, and the size depends on the participation of investors.