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LONDON - Albion Enterprise VCT PLC announced an 8.24% increase in total shareholder value for the year ended March 31, 2025, according to a press release issued Tuesday.
The investment company reported a gain of 10.37 pence per share, compared to a 3.45 pence per share increase in the previous year. The fund’s size grew to £278.5 million, up from £140.6 million in 2024.
A significant development during the fiscal year was the acquisition of Albion Development VCT PLC’s assets and liabilities at fair value, totaling £131.2 million, completed on December 19, 2024.
Shareholders received dividends of 19.92 pence per share during the year, including a special dividend of 13.50 pence per share. This represented a substantial increase from the 6.28 pence per share paid in the previous fiscal year.
The company highlighted the sale of Egress Software (ETR:SOWGn) Technologies, which returned over seven times its initial investment cost.
Albion Enterprise VCT also announced a first dividend of 2.91 pence per share for the year ending March 31, 2026, to be paid on August 29, 2025, to shareholders registered as of August 1, 2025.
In a leadership change, Christopher Burrows has resumed the role of Senior Independent (LON:IOG) Director, replacing Rhodri Whitlock, who continues as Chair of the Audit & Risk Committee.
The company’s Annual General Meeting is scheduled to be held virtually on September 10, 2025, at noon.
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