Octopus Titan VCT Announces Directorate Change
The prominent investment trust announces the departure of a non-executive director.
The prominent investment trust announces the departure of a non-executive director.
The venture capital trust reported continued losses and a decline in Net Asset Value, reflecting challenging market conditions and subdued investment activity in the tech sector.
The investment company has submitted a circular to the regulator, a standard regulatory filing.
The investment company has concluded a strategic review and proposes changes to its investment policy and portfolio management arrangements, suggesting the current performance and outlook are not satisfactory.
The investment company provides an update on the progress of its strategic review, indicating it will issue further details and recommendations to shareholders later this year.
The company has released its annual report and notice of meeting for shareholders.
This venture capital trust reported significant losses and a decline in Net Asset Value, reflecting challenging market conditions and ongoing performance issues across its portfolio.
The investment trust reports a decline in net asset value due to underperformance in parts of its portfolio, despite growth in many holdings.