Gresham House Income & Growth VCT Plc Announces Name Change
The investment company has formally changed its name from The Income & Growth VCT plc to Gresham House Income & Growth VCT plc.
The investment company has formally changed its name from The Income & Growth VCT plc to Gresham House Income & Growth VCT plc.
The investment company has sold its stake in Rota Geek Limited, generating a significant gain on the original investment.
The investment company has sold its stake in My Tutorweb Limited for £2.65 million, boosting its net asset value per share.
The investment trust announces that a non-executive director and his spouse have purchased shares through the company's dividend investment scheme.
The venture capital trust has announced a small equity raise at a premium to the previous share price, which will be used to fund its shareholder-friendly Dividend Investment Scheme.
The investment company reports on its quarterly activities, including new and follow-on investments, dividend payments, and fundraising.
This venture capital trust reported a 2.0% NAV total return for the year, maintaining its dividend at 6.00 pence per share. It invested £8.96 million in new and follow-on opportunities while maintaining strong liquidity.
VCT raises £45M at 10-15% share premium
A small investment firm sees director buying shares, a positive sign for the business.
Successful fundraising by this investment company, indicating strong investor confidence.