Interim Management Statement
(Thomson Reuters ONE) - 25 SEPTEMBER 2009NORTHERN AIM VCT PLCINTERIM MANAGEMENT STATEMENTFOR THE QUARTER ENDED 31 JULY 2009Northern AIM VCT PLC presents its interim management statement forthe quarter ended 31 July 2009. This constitutes the company'ssecond interim management statement for the financial year ending 31October 2009, as required by the UK Listing Authority's Disclosureand Transparency Rule 4.3. This statement has been prepared solelyto provide additional information in order to meet the requirementsof the Disclosure and Transparency Rules and should not be relied onby shareholders, or any other party, for any other purpose.The company's objective is to provide high long-term tax-free returnsto investors through a combination of dividend yield and capitalgrowth, by investing in a portfolio of investments mainly comprisingholdings in UK AIM-quoted and unquoted companies. The company is aventure capital trust approved by HM Revenue & Customs and isrequired to comply on a continuing basis with the provisions ofSection 274 of the Income Tax Act 2007.The unaudited net asset value (NAV) per ordinary share as at 31 July2009 was 33.8p (30 April 2009 31.3p).For the purposes of calculating the net asset value per share, quotedinvestments are carried at bid price as at 31 July 2009 and unquotedinvestments are carried at fair value as at 31 July 2009 asdetermined by the directors.The following table shows the movement in the company's NAV and shareprice and the FTSE AIM index during the three months ended 31 July2009: 31 July 2009 30 April 2009 Increase/(decrease) during periodNAV per share 33.8p 31.3p 8.0%Share price 22.5p 24.5p (8.2)%FTSE AIM All-share 542.0 479.6 13.0%indexDuring the three months ended 31 July 2009 the following significantinvestment transactions took place:New investments:Name of company Business activity Amount invested £000Aero Inventory (quoted on AIM) - Inventory management for 152addition to existing holding the aerospace industryDisposals:Name of company Sales proceeds Original cost Carrying value £000 £000 at 30 April 2009 £000Pilat Media Global 198 150 184(quoted on AIM) - partsaleThe number of ordinary shares in issue at 31 July 2009 was22,066,733. During the quarter ended 31 July 2009 no shares wereallotted or bought back for cancellation by the company.The directors are not aware of any other events or transactions whichhave taken place between 30 April 2009 and the date of publication ofthis statement and which have had a material effect on the financialposition of the company.Enquiries:Alastair Conn/Christopher Mellor, NVM Private Equity Limited - 0191244 6000Website: www.nvm.co.uk---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 25.09.2009 - 10:23 Uhr
Sprache: Deutsch
News-ID 6241
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