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LONDON - Albion Technology & General VCT PLC reported a loss of 0.58 pence per share for the six months ended June 30, 2025, representing a 0.8% decline on opening net asset value, according to a half-yearly financial report released Tuesday.
This performance marks a significant shift from the same period last year when the company posted a return of 4.99 pence per share.
The venture capital trust’s net asset value stood at 70.70 pence per share at the end of June, down from 73.04 pence per share recorded on December 31, 2024. Despite the decline in per-share value, the fund’s overall size increased to £268.7 million, up from £251.3 million at the end of 2024.
During the reporting period, Albion Technology & General VCT paid a dividend of 1.83 pence per share, slightly higher than the 1.80 pence per share distributed in the first half of 2024.
The company’s board has declared a second dividend of 1.77 pence per ordinary share for the year ending December 31, 2025, scheduled for payment on October 31, 2025, to shareholders registered as of October 3, 2025.
The report comes as venture capital trusts navigate a challenging investment landscape amid economic uncertainties and market volatility.
Based on information provided in the company’s press release, the half-yearly financial report is available on the manager’s website and will be submitted to the National Storage Mechanism in accordance with UK Listing Rules.
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